AAFM Related Exams
CWM_LEVEL_2 Exam
Section C (4 Mark)
Read the senario and answer to the question.
For the purpose of World Tour Nimita has an option to use her investments in PPF A/c. She would contribute maximum permissible amount on the 1st working day of April every year till its due maturity as well as in all years of the extension of account for a 5-year term after its due maturity. She wants to use half of the PPF account proceeds for the proposed world tour. You estimate the adequacy of such amount, the same is _____________.
Section A (1 Mark)
Following is not a head of income
Section A (1 Mark)
Loans to individuals and families to finance the purchase of new homes are known as: