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Exactprep GLO_CWM_LVL_1 Questions

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Total 1057 questions
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Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 149

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 150

Which one of the following statements is/are correct?

Options:

A.

(i) only

B.

(ii) only

C.

Both are correct

D.

Both are incorrect

Question 151

Binoy aged 30 years with a total income is 6,00,000 p.a pays Rs.25000 as LIC premium for a policy of 3 lakhs on his life. He also pays income tax of Rs. 30,000. His retirement age is 65. The self maintenance expenses are 1 lakh p.a. & rate of interest is 6% p.a. Calculate the total amount of insurance requirement under HLV method?

Options:

A.

66 lakhs

B.

68 lakhs

C.

45 lakhs

D.

55 lakhs

Question 152

"To be sure to receive same day credit on a Saturday, NEFT instruction has to be given by _______."

Options:

A.

11:30 AM

B.

11:00 AM

C.

12 Noon

D.

12:30 PM

Page: 38 / 40
Total 1057 questions
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