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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?
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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
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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.?
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Question 4 of 25
4. Question
The difference between a deduction and a rebate is that
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Question 5 of 25
5. Question
What is the second step in Wealth Planning process?
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Question 6 of 25
6. Question
Which of the following form of coownership must be created by an instrument of deed or will?
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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?
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Question 8 of 25
8. Question
The Internal Rate of Return is
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Question 9 of 25
9. Question
A wealth adviser must demonstrate to the underwriter that they have considered
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Question 10 of 25
10. Question
When can a trust created by a will be revoked?
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Question 11 of 25
11. Question
Which of the following statements does not reflect the meaning of wealth planning?
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Question 12 of 25
12. Question
Participating policies are those where
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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.
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Question 14 of 25
14. Question
A life insurance contract is based on the principle of
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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.
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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
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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.
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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?
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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.
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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?
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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.)
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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?
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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?
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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) Nonguaranteed maturity benefit @6% p.a. Rs.9,08,071
3) Nonguaranteed 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 isCorrectIncorrect 
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)CorrectIncorrect