011-45120800 Info@aafmindia.co.in
  • Online Registration
  • AAFM India
  • Blog
  • jobs
  • FAQ’s
  • Contact Us
  • Enquiry
  • Cart
0 Items
Wealth Management Course that Top Wealth Managers Swear By
  • Home
  • Wealth Management Industry
  • About CWM Program
    • Chartered Wealth Manager
    • CWM Benefits
    • CWM Curriculum
    • CWM Pathway
      • Registration Pathway
      • Compulsory Pathway
      • Experience Pathway
      • Experience Requirement
      • Project Work
      • CWM Examination
  • AAFM Certifications
  • Club Membership
  • Login
Select Page

L2 Unit – 10 – Quiz

by Operation AAFM

Time limit: 0

Quiz Summary

0 of 25 Questions completed

Questions:

Information

You have already completed the quiz before. Hence you can not start it again.

Quiz is loading…

You must sign in or sign up to start the quiz.

You must first complete the following:

Results

Quiz complete. Results are being recorded.

Results

0 of 25 Questions answered correctly

Your time:

Time has elapsed

You have reached 0 of 0 point(s), (0)

Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)

Categories

  1. Not categorized 0%
  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15
  16. 16
  17. 17
  18. 18
  19. 19
  20. 20
  21. 21
  22. 22
  23. 23
  24. 24
  25. 25
  1. Current
  2. Review
  3. Answered
  4. Correct
  5. Incorrect
  1. Question 1 of 25
    1. Question

    Mr. Rishab needs Rs.11000 annually for 5 years at the end. If the rate of interest is 8% p.a. then how much money he should invest today?

    Correct
    Incorrect
  2. Question 2 of 25
    2. Question

    A client has had a long term asset allocation of 70% growth, 30% defensive. She is looking to increase it to 80% growth, 20% defensive due to the strength of the market. Her Wealth Manager suggests she could retain her existing allocation. This is an example of

    Correct
    Incorrect
  3. Question 3 of 25
    3. Question

    Ms. Kavitha wants to know what will be the value of Rs.8,00,000 after 7 years by considering the inflation rate 6% p.a.?

    Correct
    Incorrect
  4. Question 4 of 25
    4. Question

    The difference between a deduction and a rebate is that

    Correct
    Incorrect
  5. Question 5 of 25
    5. Question

    What is the second step in Wealth Planning process?

    Correct
    Incorrect
  6. Question 6 of 25
    6. Question

    Which of the following form of co-ownership must be created by an instrument of deed or will?

    Correct
    Incorrect
  7. Question 7 of 25
    7. Question

    Which of the following will have least importance for a young unmarried individual who got the job recently with no dependents on him?

    Correct
    Incorrect
  8. Question 8 of 25
    8. Question

    The Internal Rate of Return is

    Correct
    Incorrect
  9. Question 9 of 25
    9. Question

    A wealth adviser must demonstrate to the underwriter that they have considered

    Correct
    Incorrect
  10. Question 10 of 25
    10. Question

    When can a trust created by a will be revoked?

    Correct
    Incorrect
  11. Question 11 of 25
    11. Question

    Which of the following statements does not reflect the meaning of wealth planning?

    Correct
    Incorrect
  12. Question 12 of 25
    12. Question

    Participating policies are those where

    Correct
    Incorrect
  13. Question 13 of 25
    13. Question

    What is the present value of an annuity which pays Rs.10,000 for 5 years at the end of each year? ROI is 9% p.a.

    Correct
    Incorrect
  14. Question 14 of 25
    14. Question

    A life insurance contract is based on the principle of

    Correct
    Incorrect
  15. Question 15 of 25
    15. Question

    Mr. Deepak invested Rs.77000 in a scheme and got Rs.99000 after a period of 4 years. Calculate the CAGR of this investment.

    Correct
    Incorrect
  16. Question 16 of 25
    16. Question

    A 10 year 8% bond of face value Rs.1000, interest payable semi annually maturing in six years from today is available at a yield to maturity of 6%. It is likely to be priced at

    Correct
    Incorrect
  17. Question 17 of 25
    17. Question

    Calculate the yearly premium of Mr. X at the age of 30 and the sum assured is Rs.45,000, if tabular premium is Rs.25.83, rebate for modal premium is Rs.2 yearly. Sum assured rebate is Rs.1.50 less for Sum assured Rs.50,000 and above.

    Correct
    Incorrect
  18. Question 18 of 25
    18. Question

    The standard deviation of a security Y is 14% and that of market is 18%. The coefficient of correlation is 0.23. Calculate what % of total variance of security Y is explained by the market?

    Correct
    Incorrect
  19. Question 19 of 25
    19. Question

    Mr. Arpit invested Rs.1,75,000 in an investment that gives Rs.32,000 for the first three years and Rs.40,000 for next three years. If the discount rate is 10%. Calculate the net present value of these cash flows.

    Correct
    Incorrect
  20. Question 20 of 25
    20. Question

    Mr. Keshav has generated long term capital gain on gold amounting Rs.4,00,000, short term capital loss of equity Rs.80,000 and short term capital loss on land amounting Rs.2,00,000. Besides he has income from other sources Rs.2,10,000. Compute his tax liability?

    Correct
    Incorrect
  21. Question 21 of 25
    21. Question

    Mr. Jogen 57 years old and going to retire at the age of 58 years (after completing 33 years and 9months of service) is working as an assistant secretary in petroleum ministry. He gets a salary of Rs.48,000 p.m. His present household expenses per month are Rs.22,000. What would be his house hold expenses at the age of 62 if his household expenses are curtailed by 20% after retirement? (Consider inflation rate 5% p.a.)

    Correct
    Incorrect
  22. Question 22 of 25
    22. Question

    The average inflation over the last three years is 8.5 % p.a. You invested Rs.2 lakh in a security three years ago which you have redeemed for Rs.2.6 lakh. What real return have you obtained from investment?

    Correct
    Incorrect
  23. Question 23 of 25
    23. Question

    Mr. Kapoor has earned total income of Rs.8,60,000 from a trading business. He also earned Rs.6,00,000 from growing and manufacturing of Tea in India. What shall be his tax liability?

    Correct
    Incorrect
  24. Question 24 of 25
    24. Question

    A life insurance company is offering a life insurance policy for Mr. Narayan wherein 20 annual contribution of Rs.60,000
    starting from today. Given the following three maturity figures after deduction of total charges and with a sum assured of Rs.1 crore for the whole term as follows
    1) Guaranteed maturity benefit of Rs.7,41,741
    2) Non-guaranteed maturity benefit @6% p.a. Rs.9,08,071
    3) Non-guaranteed maturity benefit @10% p.a. Rs.14,60,179
    The policy holder has provision that in case of any casualty with the life insured, the company shall be paying higher of the then value available fund value or applicable sum assured. Narayan wants to provide by the company if stand alone term insurance of Rs.1 crore is available of Rs.37,000 p.a. according to you the same is

    Correct
    Incorrect
  25. Question 25 of 25
    25. Question

    Ms. Nimita Shah, aged 34 years as on 2nd April 2018, is Vice President in a Mumbai based
    firm. She has twin daughters Revati and Savitri of age 12 years and she is the sole guardian of her children pursuant to her recent divorce. Her main concern is about the higher education of both children starts after 6 years, present cost Rs.4.5 lakh p.a. for each child for a term of 5 years. You as a CWM advice her to invest suitably for the higher education of both children on semi annual basis for six years?
    (Inflation rate is 6% and the interest rate on deposits is 10% per annum)

    Correct
    Incorrect

Recent Post

  • Rethinking Retirement by Exploring Traditional, Semi-Retirement, and Mini-Retirement Models
  • SEBI’s New Nomination Rules Explained- What Investors Need to Know?
  • The Strategic Benefits of Naming an HUF as a Beneficiary in a Private Trust
  • Choosing Between HUF and Private Trusts for Succession and Tax Planning
  • Risk in Wealth Planning
    Understanding Risk in Wealth Planning: A Key Element in Investment Decision-Making

    Enquire About AAFM Courses



    Connect with us for Latest Updates

    • Facebook
    • Twitter
    • LinkedIn
    • Instagram
    • YouTube

    • Facebook
    • Twitter
    • Instagram
    Designed By cwmindia.com
    Login
    Accessing this course requires a login. Please enter your credentials below!

    Lost Your Password?