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Strategies for Professional Growth · Quiz 2 · 12 Apr 2026 · January 2026 term

Question 17: Sujal, a 50-year-old executive, lives with his spouse an…

Question 17

+1 markOne correct option

Sujal, a 50-year-old executive, lives with his spouse and three children. His net worth is ₹5 crores, but ₹4.5 crores is tied to commercial plot and his primary residence. His monthly household expenses are ₹2 lakhs, and his liquid assets (bank balance and fixed deposits) total ₹10 lakhs. He is considering taking a ₹40 lakh personal loan to fund a luxury vacation and a new car. Analyzing Sujal’s Balance Sheet through the lens of personal finance management, what is his most pressing "Fiscal Sense" deficiency?

  1. A

    His net worth is too low relative to his age and income.

  2. B

    He has a structural liquidity deficit.

  3. C

    His portfolio is excessively diversified across asset classes.

  4. D

    His debt-to-equity ratio is too low, suggesting he is not using enough leverage.

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Correct answer

  • B

    He has a structural liquidity deficit.

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Question 17 of 22 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 12 Apr 2026, in the January 2026 term (Strategies For Professional Indian Institute Of Technology, Madras - Bs In Data Science And Applications Growth 07 Apr 26). It carries 1 mark.

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