CWM_LEVEL_2 Exam Question 341
Section A (1 Mark)
Mortgage loans:
Mortgage loans:
CWM_LEVEL_2 Exam Question 342
Section C (4 Mark)
Mr. Vivek Kalra deposits Rs.11,00,000 today in an investment that would pay after 6 years Rs. 1,00,000 per year for 5 years and Rs. 1,50,000 for the next 5 years. What would be the balance in the account after the last payment is made if the ROI is 18% per annum compounded annually?
Mr. Vivek Kalra deposits Rs.11,00,000 today in an investment that would pay after 6 years Rs. 1,00,000 per year for 5 years and Rs. 1,50,000 for the next 5 years. What would be the balance in the account after the last payment is made if the ROI is 18% per annum compounded annually?
CWM_LEVEL_2 Exam Question 343
Section A (1 Mark)
A document which is used to hand over the legal powers to sign on legal documents pertaining to the property to someone other than the owner is called_____________
A document which is used to hand over the legal powers to sign on legal documents pertaining to the property to someone other than the owner is called_____________
CWM_LEVEL_2 Exam Question 344
Section A (1 Mark)
Mr. X's minor daughter earned Rs. 50000 from his special talent. This income will be clubbed with
Mr. X's minor daughter earned Rs. 50000 from his special talent. This income will be clubbed with
CWM_LEVEL_2 Exam Question 345
Section B (2 Mark)
In 2011-12, George has property income of £8,000 and net bank interest of £4,000. He claims the personal allowance of £7,475. What is the income tax borne for the year?
In 2011-12, George has property income of £8,000 and net bank interest of £4,000. He claims the personal allowance of £7,475. What is the income tax borne for the year?
