Which of the following statement(s) is/are correct with regard to tax efficiency?
Statement I Investment should be made in those investments which lead to tax savings.
Statement II It is the most important factor of sound investing.
A. Only statement I is correct
B. Only statement II is correct
C. Both the statements are correct
D. Neither I nor II statements are correct
Answer: Option A
Related Questions on Resource Management and Consumer Issues
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit

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