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Chartered Wealth Manager (CWM) Global Examination
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Question: 89
What is burn Arbun?
A . Loan of a particular piece of property B . Credit sale
C . Down payment D . Deposits in trust
Question: 90
Urban land means land situated in area not being more than ………………from local list of local authority as notification in official Gazette
A . 5 km B . 8 km C . 10 km D . 20 km
Question: 91
Which of the following is allowed as deduction from net annual value of a property? A . Repairs & collection charges
B . Insurance premium
C . Interest on loan borrowed for repairs D . All the above
Question: 92
IFSC stands for:
A . Inter-bank Financial Sector Code B . Inter-bank Funds Settlement code C . Inter-bank Financial Service Code D . None of the above
Question: 93
Surender the driver causes injuries to a pedestrian by rash driving of car. The injured victim had to spend Rs.1000 in treating his injuries. Surender ‘s act has created liabilities under
A . Common law B . Contract
C . Statue and Common law D . Statute only
Question: 94
For a “single income family” priority is on A . Protecting income via a term plan
B . Investing in commodities to grow wealth C . Investing in Mutual Funds to grow wealth D . None of the above
Question: 95
A public trust is created for the benefit of A . Individuals only
B . Family member
C . Uncertain and fluctuating body of persons D . Charitable purposes only
Question: 96
Any amount payable and the amount of refund due under the Income Tax Act,1961 shall be rounded off to the nearest multiple of……….?
A . Rs. 10 B . Rs. 1
C . Rs. 100
D . No rounded off is done
Question: 97
Under the Provisions of Transfer, of Property Act, the unborn child acquires vested interest- A . Upon his birth
B . 7 days after his birth C . 12 days after his birth D . 18 years after his birth
Question: 98
Unabsorbed depreciation can be carried forward for . A . 8 Years
B . 4 Years C . Indefinite D . None
Question: 99
What is the minimum amount one can deposit in a PPF account in a financial? A . Rs. 400 per annum
B . Rs. 500 per annum C . Rs. 100/-per annum D . Rs. 5/-per annum
Question: 100
SHG stands for:
A . Society Housing Group B . Society Household Group C . Self House Group
D . Self Help Group