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Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer?.

Solutions for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.

Here you can find the meaning of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following passageand answer the itemthat follow. Your answerto these itemshould be based on the passages only.Passage-4Asset allocation is the most important investment decision we will ever make, and sadly, most of us do not give that decision the importance it deserves. We are adamant about seeking predictability with our future. We tend to think of investing in risky assets as extremely volatile and value eroding. We also dislike fluctuating returns and the loss of control of investment. We think our money is best left idle unproductive but safe. There is no asset that is risk-free. We could lose our jobs, our homes can lose value, our banks can go bankrupt, our bonds can default, the government can collapse and companies we chose fondly may cease to exist. But we cannot live life assuming that all these extreme events are waiting to happen, and all at the same time. All these extreme forms or risks we know will not manifest at the same time.Which one of the following statements best implies the suggestion given by the author of the passage?a)Distribute your wealth across different kinds of assets so that your risks would be minimized.b)Risk-taking behaviour should be a necessary component of your Personality if you want to generate wealth.c)while making investments, find a trustworthy asset management organization which would manage your wealth for you.d)You should know that investing your money is a risky business.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice UPSC tests.