Chartered Wealth Manager® (CWM®) Certification Level 1 Examination
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88 questions in this view
Section B - 2 Marks
Under the Workmen Compensation Policy, where the employment injury results in death, the insurance company pays 50% of the monthly wages of the deceased employee multiplied by the relevant factor or _____________ whichever is more.
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Section B - 2 Marks
Which of the following transaction /transactions is/are an example of the Layering Stage of Money Laundering?
I. Cash exported
II. Cash deposited in oversears banking system
III. Complex web of transfers
IV. Resale of goods and services
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Section B - 2 Marks
Which of the following is/are the key factor(s) in retirement planning of self employed/ business class?
I. No occupational retirement benefit
II. Uncertainty of business or profession
III. Early retirement / VRS
IV. Health issues
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Section B - 2 Marks
Calculate the NPV of an investment project with an initial cost of Rs. 5 lakhs and positive cash flows of
Rs. 1.6 lakhs at the end of year 1,
Rs. 2.4 lakhs at the end of year 2 and
Rs. 2.8 lakhs at the end of year 3. Use 12% as the discount rate.
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Section B - 2 Marks
Mr. Sarkar went to England from India to pursue his higher education on 01-12-2017. As long as he was in England, he has a residence in India. In winter vacation, he visited India twice. On first occasion he came on 01-01-2019 and stayed for 20 days, and on second occasion he came on 15-12-2019 and stayed for 25 days. After completing his education, he came back to India forever on 30-12-2020. Determine his residential status for AY 2021-22.
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Section B - 2 Marks
What is the main objective of BASEL III framework?
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