Dhanoop C :
Thanks for that suggestion guanyu210379.
I had earlier posted one doubt regarding my PC which I am adding below. Please let me know if the processor you mentioned fits my need. Also if you could please answer that question too
I'm planning to buy a new Computer.
Confused if I should go for Core i7 4790 or Core i5 4690.
Also don't know which chipset I should Choose; z97, H97, Z87, H87, H81, Q87, Q85, B85 (z97 and z87 looks out of budget for me)
I am planning to use the PC for at least 5 years without much up gradation.
Remaining components will be 8GB RAM and No Graphics Card.
I will be using the PC for Working with Photoshop, Illustrator, watching Full HD videos both in Youtube and media player, browsing the internet with almost a dozen tabs open in both Firefox and Chrome (I will be multitasking with all these applications at the same time).
I assume that you already considered about which platform you would want and that is the LGA1150 and not LGA2011 or LGA1151.
For photo/video editing, rendering, multitasking, gaming, etc. you would want an i7 instead of an i5, if you can afford it.
If you do not plan to OC, you can pick an i7 without -k.
If you plan to use an i7 and plan to use a dedicated GPU, which means do not need the iGPU in an i7, you can cut the price for the processor down a bit and go for an E3-1231V3.
E3-1231V3 has no noticeable difference to i7 4790 for normal usages like mentioned above.
With either i7 4790 or Xeon E3-1231V3, you will have your peace for the next 3-5 years from the processor point of view.
Now to the chipset, you should forget the older H/Z87 chipsets and better go for the newer H/Z97.
B85 is still ok if you are tight on budget, while Q87 could offer you perhaps things you would actually want or need.
Usually, H97 already covers all the things you would need but Q87 is ok.
I saw you are considering of having 8GB RAM, if you renders/edit a lot, I would consider going 16GB instead. It is not that far expensive from 8GB.
I also see that you wrote, no dedicated GPU, for editing/rendering, I would prefer getting a decent graphic cards.
You will gain benefits from a dedicated GPU. iGPU in an i7 is not that strong.
!Warning! Again! E3-1231V3 does not have iGPU !Warning!