GLO_CWM_LVL_1 Exam Question 56

Mahesh earns 1,20,000 pa. He has total debt of Rs. 2,00,000 and have two dependants. Interest rate is 7%, and assumes 80% of his pre-death salary is the estimated requirement to maintain his family after paying the loan.
Calculate the life insurance cover needed under multiple approach method.
  • GLO_CWM_LVL_1 Exam Question 57

    An inverted yield curve implies that:
  • GLO_CWM_LVL_1 Exam Question 58

    Sachin aged 35 years is married and is working as a manager in M/s Birla Mill Ltd. His most likely retirement age is 60 years. His present salary is Rs. 3,00,000/- pa. His self-maintenance expenses are 30,000/- per year.
    Life insurance premium paid is 15,000/-. Income tax & professional tax amount to Rs. 20000/-. Rate of interest assumed for capitalization of future income is 8%. Calculate Sachin's HLV to recommend adequate insurance cover
  • GLO_CWM_LVL_1 Exam Question 59

    If, C=Rs.240 million, I = Rs.20 million, G = Rs.90 million, X = Rs.50 million M = Rs.80 million Calculate the value of GDP?
  • GLO_CWM_LVL_1 Exam Question 60

    Given the following information:

    What is the expected return and standard deviation of the portfolio if 50% of funds invested in each stock?
    What would be the impact if the correlation coefficient were 0.6 instead of 0.2?