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Question 28

Akash has only compulsory third party policy for his car. He jumped a red light and collided with another car and then with the boundary wall of a nearby house. Damage to his car was of Rs. 17,000/-, damage to other car was of Rs. 15,000/- and damage to the boundary wall of house was of Rs. 15,000. The insurance policy of Akash will pay:

Options:

A.

Rs. 17,000

B.

Rs. 15,000

C.

Rs. 30,000

D.

Rs. 47,000

Question 29

Which of the following statements is/are not true?

Options:

A.

Only (I) above

B.

Only (II) above

C.

Both (I) and (III) above

D.

Both (II) and (IV) above.

Question 30

Which of the following is/are the key issues in retirement planning of self employed/ business class?

Options:

A.

I,II and IV

B.

II,III and IV

C.

I,III and IV

D.

All of these

Question 31

If the reserve ratio is 5%, what is the size of credit multiplier?

Options:

A.

10

B.

15

C.

20

D.

25

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Exam Code: GLO_CWM_LVL_1
Exam Name: Chartered Wealth Manager (CWM) Global Examination
Last Update: Apr 18, 2024
Questions: 1057
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