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GLO_CWM_LVL_1 VCE Exam Download

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Question 12

Expenses are 10% of the gross (office) premium. Pure premium is Rs. 200. Calculate office premium.

Options:

A.

222

B.

220

C.

182

D.

180

Question 13

Commutation of pension up to a limit of _______________ is tax exempt in case the gratuity is also received

Options:

A.

¼ of the pension

B.

1/3 of the pension

C.

½ of the pension

D.

¾ of the pension

Question 14

An increase in the market value of a company indicates:

Options:

A.

Increase in profitability

B.

Increase in revenues

C.

Increase in future prospects

D.

None of the above

Question 15

An important financial institution that assists in the initial sale of securities in the primary market is the

Options:

A.

investment bank.

B.

commercial bank.

C.

stock exchange.

D.

brokerage house.

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Exam Code: GLO_CWM_LVL_1
Exam Name: Chartered Wealth Manager (CWM) Global Examination
Last Update: Apr 25, 2024
Questions: 1057
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