Online Access Free AAFM.GLO_CWM_LVL_1.v2022-05-19.q277 Practice Test (Page 9)

GLO_CWM_LVL_1 Exam Question 36

What is the surrender value, if the sum assured is Rs. 100,000/-, DOC is 01/01/1997, endowment with profit
25 years, due date of last premium paid 01/01/2010. Premium to be paid semi-annually. Accrued bonus is 500 per thousand of SA. Surrender value factor is 19% ?

A.23750

B.15010

C.12825

D.21565

GLO_CWM_LVL_1 Exam Question 37

Which Provisions of the Transfer of Property Act defines 'lease' ?

A.Section 105

B.Section 106

C.Section 107

D.Section 108

GLO_CWM_LVL_1 Exam Question 38

The following is capital receipt:

A.Sale of technological know- how;

B.Bonus shares;

C.Compensation received for compulsory evacuation of place of business.

D.Dividend from investment;

GLO_CWM_LVL_1 Exam Question 39

Which assets are totally except from wealth tax?

A.(i), (ii), (iii)

B.(i), (ii), (iii), (iv), (v)

C.(ii), (iii) (v)

D.(iv), (v)

GLO_CWM_LVL_1 Exam Question 40

The June 1999 Basle Committee on Banking Supervision issued proposals for reform of its 1988 Capital Accord (the Basle II Proposals). These proposals contained mainly in:

A.I,III and VI

B.II, III and VI

C.I,IV and V

D.II, IV and V

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GLO_CWM_LVL_1 Exam Question 36

GLO_CWM_LVL_1 Exam Question 37

GLO_CWM_LVL_1 Exam Question 38

GLO_CWM_LVL_1 Exam Question 39

GLO_CWM_LVL_1 Exam Question 40

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