Online Access Free GLO_CWM_LVL_1 Exam Questions

The role of a wealth manager can be best defined as which of the following?

• A.Make informed decision to the clients
• B.Develop a sound financial plan
• C.Review the financial plan
• D.All of the above

Notice of loss should be given to the insurer within ________days of the event of loss.

• A.7
• B.21
• C.15
• D.30

Ranbir deposits Rs. 80000 as a lump sum amount in a immediate annuity. He will receive annuity on a monthly basis for next one year. Determine the monthly amount he is entitled to receive. The rate of interest is
15%

• A.Rs 7122
• B.Rs 7221
• C.Rs 7425
• D.Rs 7321

Onshore wealth management involves ____________

• A.None of the above
• B.Suggesting products and services available outside the client's country of residence
• C.Suggesting products and services available within the client's country of residence
• D.Suggesting products and services available across the globe

A salaried individual, aged 45 years, was awarded a car of market value Rs. 6,50,000 by his credit card company in a draw on 20th December 2012. There was no TDS by the company. He has total income from salary of Rs. 8,45,000 in the previous year 2012-13. He saved a total of Rs. 1,80,000 under different investment instruments eligible for exemption u/s 80C and Rs. 25,000 was paid by him on 5th January, 2013 towards his health insurance policy. Find his tax liability for AY2013-14.

• A.Rs. 78,280/-
• B.Rs. 2,77,070/-
• C.Rs. 2,79,130/-
• D.Rs. 2,60,590/-