AAFM GLO_CWM_LVL_1 - Chartered Wealth Manager (CWM) Global Examination
Which of the following statement is true?
Financial markets have the basic function of
A client has a minor child she is concerned about what might happen if she was to die while the child was still young and unable to sensibly handle a sizeable in heritance one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
Which of the following is a secondary identifier _______.
Calculate Pure Premium, if Risk premium is Rs. 5,000 and Rate of interest is 7 %?
You want to have Rs. 1,000,000 when you retire in 30 years. You expect to earn 12% compounded monthly over the entire 30-year period. How much extra money per month must you deposit if you choose to fund using an ordinary annuity technique rather than an annuity due technique ?
Which of the following are covered in the Banking Ombudsman Scheme?
Which of the following statements is/are correct?
Under the Workmen Compensation Policy, when the employment injury results in death, the insurance company pays 40 % of the monthly wages of the deceased multiplied by the relevant factor or Rs. _________ whichever is more.
Hybrid plans are
Which of the following statements in reference to REPO Rate is/are correct?
Which of the following statement is true?
An investor buys 200 units of a Mutual Fund scheme having a reinvestment option at Rs.10.5 on Jan 6, 2011. On June 30, 2011 scheme declares a dividend @10%. The ex-dividend N.A.V. was Rs.10.25. On March12, 2012 the fund N.A.V was Rs.12.25. Calculate CAGR?
Which of the following statements is/are False
If the reserve ratio is 5%, what is the size of credit multiplier?
Which of the following is an inferential data (i.e. data which may not be correctly obtained by simply asking a direct question)?
Which of the following can be described as involving direct finance?
In book building method, if floor price is set at 100, what can be the maximum price of the cap?
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?
An approved superannuation fund must have a minimum of _______ trustees
