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

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Question # 129

Which of the following statements is/ are correct?

A.

I II and III

B.

IIand IV

C.

I,III and IV

D.

All statements are true

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Question # 130

If a stock GHI ltd pays an annual dividend of Rs. 5 and plans to follow this policy for ever, then what would be the ate of return that investor would realize given the current market price of stock is 100

A.

20%

B.

5%

C.

80%

D.

10%

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Question # 131

Which of the following statement is true?

A.

Statement I & II is false.

B.

Statement I is false & II is true.

C.

Statement II is true.

D.

Both statements are true.

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Question # 132

Purpose of budget is ____________

A.

Spend money wisely

B.

Reach financial goals

C.

Prepare for financial emergencies

D.

All of the above

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Question # 133

Calculate the total maturity amount payable in a policy of Rs. 4,00,000/-, if the term of the policy was 17 years and bonus was Rs. 52 per thousand per annum and a final bonus of Rs. 125/- per thousand was payable?

A.

Rs. 745123

B.

Rs. 723231

C.

Rs. 698235

D.

Rs. 803600

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Question # 134

Nomination in gratuity can be done in favor of

A.

Anybody by the employee

B.

Anybody by the employee, if he does not have a family

C.

Only his family members

D.

2&3 both

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Question # 135

Ram born in 1950 has a life expectancy at birth of 65 years. Sita his wife born in 1955 has a life expectancy at birth of 70 years. Assuming that the life expectancies have not changed. Ram is planning to buy an annuity to be paid to him or his wife till anyone of them is alive. Assuming Ram will retire on attaining age 58 i.e. in 2008, what should be the time period of the annuity?

A.

10 years

B.

12 years

C.

7 years

D.

17 years

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Question # 136

How much should one deposit today in a bank account paying interest compounded quarterly if you wish to have Rs. 50000 at the end of 24 months, if the bank pays 8% annually?

A.

42740

B.

42866

C.

42675

D.

42790

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