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GLO_CWM_LVL_1 Exam Dumps : Chartered Wealth Manager (CWM) Global Examination

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Chartered Wealth Manager (CWM) Global Examination Questions and Answers

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Question 1

Often burdened with loan and generally both of the spouses work to earn their living. Under which category this type of family falls?

Options:

A.

Mature family

B.

Young family

C.

Empty Nesters

D.

None of the above

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Question 2

Ramesh retired as General Manager of XYZ Co. Ltd. On 30.11.2012 after rendering service for 20 years and 10 months. He received Rs. 300000 as gratuity from the employer. (He is not covered by Gratuity Act, 1972).

His salary particulars are given below:

He resides in his own house interest on monies borrowed for the self occupied house is Rs. 24000 for the year ended 31.03.2013

Compute taxable income of Ramesh for the year ended 31.03.2013.

Options:

A.

258900

B.

272600

C.

265450

D.

285470

Question 3

Your client Mr. Singhania expressed his intention to write his will in his own handwriting such a will which is wholly in the handwriting of the testator is renown as:

Options:

A.

Nuncupative will

B.

Holograph will

C.

Sham will

D.

Manuscript will

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