Free CWM_LEVEL_1 Exam braindumps download (CWM_LEVEL_1 exam dumps Free)

QUESTION: 56

Vishwajeet wishes to have a lump sum Retirement Fund of Rs. 25,00,000 in 30 years time. Assuming that he can get 12% returns per annum, compounded annually, what amount he should save every year to reach his target?

Rs. 11,254.24
Rs. 83,444.81
Rs. 10,359.14
Rs. 9,249.24

Answer(s): B

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QUESTION: 57

Which of the following is true for written down value method of calculating depreciation?

The depreciation charge remains uniform throughout the year
Depreciation charged in initial years is less than straight line method
The depreciation charge reduces throughout the life of the asset
All of the above

Answer(s): D

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QUESTION: 58

If an investor's excess return is negative, it means

The realized return was less than the return earned by the market
The required return exceeded the realized return
The investor constructed a poorly diversified portfolio
The investor's portfolio had excessive diversification

Answer(s): B

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QUESTION: 59

For claiming exemption u/s 54G, the assessee shall acquire the new asset within

2 years from the date of transfer
3 years from the date of transfer
One year before or 2 years after the date of transfer
One year before or 3 years from the date of transfer

Answer(s): C

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QUESTION: 60

Which of the following type of mortgage is an extremely good resource for retirement planning?

Simple Mortgage
Equitable Mortgage
Balloon Mortgage
Reverse Mortgage

Answer(s): D

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Free CWM_LEVEL_1 Exam Braindumps Chartered Wealth Manager Level 1 Questions 56–60 (page: 13)

QUESTION: 56

QUESTION: 57

QUESTION: 58

QUESTION: 59

QUESTION: 60

Free CWM_LEVEL_1 Exam Braindumps
Chartered Wealth Manager Level 1 Questions 56–60 (page: 13)