Chartered Wealth Manager® (CWM®) Certification Level 1 Examination
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88 questions in this view
Section B - 2 Marks
Mr. Ajith has taken a housing loan of Rs.50 Lakh for 15 years on 1/07/2014. Interest rate is 10.5% p.a. compounded monthly. His EMI is deducted on the last day of every month from his bank, the first EMI being deducted on 31/07/2014. Mr. Ajith wants to know that, how much interest is paid during the financial year 2020-2021?
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Section B - 2 Marks
What are the advantages of 100% book building
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Section B - 2 Marks
A typical personal accident policy would normally have provisions to pay
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Section B - 2 Marks
A high price earning ratio for any individual stock may be misleading
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Section B - 2 Marks
How much amount should Neha save at the end of each year from the age of 30 years until her retirement at age 60 years, so that she will be able to spend Rs. 35,000 at the end of every month after retirement. Her life expectancy is 75 years. The inflation is expected to be 4.5% and interest on investment is 6.5% p.a.
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Section B - 2 Marks
Which of the following steps has taken by the RBI to tackle bad loans?
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