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AAFM GLO_CWM_LVL_1 Questions Answers

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Question 68

Dinesh has opened his PPF account on 19/11/1999, Calculate the amount he can avail as the first withdrawal facility from the details below?

Options:

A.

Rs 274555.

B.

Rs 120536

C.

Rs 125897

D.

Rs 115745

Question 69

Girish is 25 years old and plans to retire at 60. His life expectancy is 75 years. Mr. Binoy his CWM® estimates that his client will require Rs. 45,000 in the first month after retirement. Inflation rate is 5% p.a. and the rate of return is 7% p.a. How much she should save every year in order to achieve her post retirement needs?

Options:

A.

Rs. 61,193/-

B.

Rs. 65,384/-

C.

Rs. 50,932/-

D.

Rs. 62,359/-

Question 70

Which of the following is/are the desirable contents of a will?

Options:

A.

I ,II and III

B.

II , III and IV

C.

I, III and IV

D.

All of these

Question 71

Mr. Gupta has got his stock insured against fire for Rs5,00,000/- ,during the year he lost the stock in his ware house for Rs. 4,00,000/-. The surveyor from insurance company gave his report that at the time of fire the stock in the ware house had value 6,00,000/-

Calculate what amount Mr. Gupta will receive from the insurance company.

Options:

A.

4,00,000/-

B.

5,00,000/-

C.

3,33,333/-

D.

None of the above

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Exam Code: GLO_CWM_LVL_1
Exam Name: Chartered Wealth Manager (CWM) Global Examination
Last Update: Mar 29, 2024
Questions: 1057
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