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Shekhar

Shekhar Kumar  |154 Answers  |Ask -

Leadership, HR Expert - Answered on May 09, 2024

Shekhar Kumar is senior manager, talent acquisition, at the Shri Venkateshwara University in Gajraula, Uttar Pradesh. He has 18 years of expertise in the search and placement of executive leadership talent across various industries.
He has also mentored middle and senior management professionals for leadership positions and guided them in career development.
Shekhar has a bachelor's degree in business management from Magadh University, Bihar, and a master's degree in human resource management from Annamalai University, Tamil Nadu.... more
Sumita Question by Sumita on Mar 26, 2024Hindi
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Hello Sir, My son is passing out in this year july in Computer science Engineering. His first priority is getting a job,but in 80% cases, in aptitude round he is not getting selected. My question is, how to improve the aptitude test. Second question is, parallely he wants to apply for M.tech. In India, how many entrance exams are there for Mtech? Thank you Sir.

Ans: Improving performance in aptitude tests and preparing for M.Tech. entrance exams are both important goals for your son's career advancement. Improving aptitude test performance requires regular practice, which is essential to improving speed and accuracy. Kindly encourage your son to identify his weaker areas within the aptitude sections and work on them. This can be done through practice tests or by analyzing previous test performances. There are numerous resources available online, such as books, websites, and mobile apps, that offer aptitude test practice questions and solutions. Recommending reliable resources can aid his preparation. As you know, aptitude tests are typically timed, so learning effective time management strategies is crucial. Encourage him to practice under timed conditions to improve his pacing during the actual test. In India, there are several entrance exams for M.Tech. programs. Some of the most prominent ones include GATE (Graduate Aptitude Test in Engineering), CEED (Common Entrance Examination for Design), and PGCET (Post Graduate Common Entrance Test), also known as PGCET. Karnataka PGCET, AP PGCET, and TS PGCET, and university-specific entrance exams. 

Encourage your son to research the specific requirements and syllabus for each exam he plans to take, and to start preparing well in advance to maximize his chances of success.
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Milind

Milind Vadjikar  |795 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Dec 24, 2024

Asked by Anonymous - Dec 24, 2024Hindi
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Hello i am almost 30 now I have invested around 40 lakhs in Market (mutual funds plus equity) 6 lakhs ppf maybe 2 lakhs pf I have parental property of combining around 2.5cr I have my parents helath insurance from a private insurance company, also covered by cghs health scheme,so no major worries about health expenses, for me i have 10lakhs health insurance Apart from this we have family pension also. As of now overall i have a monthly income of around 2-2.25 lakhs. I have a car a bike a scooty all valid for next 8-10 years What should be my goal amount for the retirement, i want it as early as possible As per the current scenario i am assuming i will live max till 75 years age. As of now i can invest 80-90k per month Yet to be married i assume i need atleast Lakhs per month as of now What should be the ideal amount with which i can retire
Ans: Hello;

Hope you have adequate term life insurance for yourself.

You may start a monthly sip of 90 K in a combination of pure equity mutual funds.

After 10 years your sip and lumpsum investment will grow into sums of 2.09 and 1.24 Cr respectively.

This adds upto 3.33 Cr. If you add your ppf and EPF corpus then this should add upto a sum of around 4 Cr.

If you invest this corpus in a conservative hybrid debt fund and do a SWP at the rate of 3.5%, you may expect a post tax monthly income of
1 L+.

As you get married your expenses will rise as also the need to plan for various other goals.

Therefore the decision to retire from regular 9-6 job should be backed up with alternate business plan or such other plan to monetize your hobbies that may yield income over atleast next 10-15 years.

Best wishes;

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