Free GLO_CWM_LVL_1 Exam Braindumps (page: 54)

Page 53 of 266

Which of following is not an exclusion under a health policy?

  1. Pre existing conditions
  2. Accident injury
  3. Elective surgery
  4. Intentional self inflicted injury

Answer(s): B



A good wealth management plan must include an analysis of all of the following EXCEPT

  1. Where you are now
  2. Where you want to be
  3. Why you failed previously
  4. How to reach your goals

Answer(s): C



Any property inherited by a female Hindu from her husband or from her father in law, in the absence of any son or daughter of the deceased shall go to.....

  1. Heir of mother
  2. Heir of father
  3. Heir of Husband
  4. Heir of Sister

Answer(s): C



If an assessed earns rent from a sub-tenant in respect to tenanted property let out as a residence, the said rent is:

  1. Exempt under Section 10.
  2. Taxable under the head income from house property.
  3. Taxable as business income, as the letting out is a commercial activity.
  4. Taxable as income from other sources, unless the assessed is in the business of subletting properties on a regular basis.

Answer(s): D






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