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Pearson GLO_CWM_LVL_1 New Attempt

Page: 37 / 40
Total 1057 questions

Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 145

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 ?

Options:

A.

3.84

B.

2.8

C.

2

D.

3

Question 146

Any income chargeable under the based "Salaries" is exempt from tax under Section 10(6)(viii), if it is received by any non resident individual as remuneration for services rendered in connection with his employment in a foreign ship where his total stay in India does not exceed a period days in that previous year.

Options:

A.

90

B.

182

C.

60

D.

120

Question 147

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?

Options:

A.

23.45%

B.

27.11%

C.

23.29%

D.

23.99%

Question 148

Which of the following transaction /transactions is/are an example of the Layering Stage of Money Laundering?

Options:

A.

Only b

B.

b, c and d

C.

a b and c

D.

b and d

Page: 37 / 40
Total 1057 questions