Free AAFM GLO_CWM_LVL_1 Practice Exam with Questions & Answers | Set: 11

Ram is working in Rashid Enterprises, a proprietorship firm.During his working hours Ram was injured seriously. Due to this injury Ram was hospitalized for six months. Ram is the only bread winner of his family. Ms. Rashid, the proprietor of Rashid Enterprises is liable to pay damages to Ram. Under which of the following policy Rashid can protect himself from this liability?

An investment required an initial cash outlay of Rs. 15,000/- and yield cash flows over the next 5 years. The cash flows generated are:

You are required to calculate the payback period:

Financial markets have the basic function of

You bought a stock for Rs. 28.29 that paid the following dividends

After the third year, you sold the stock for Rs. 35. What was the annual rate of return?

Which one of the following is/are correct?

You have Rs.500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfolio is 16%. If you wish to earn a 22% return, you should __________.

Accrued Interest on loan for self occupied property is Rs.110000 till 31 March 2010. Loan was taken for construction on 31/07/2006 and construction completed on 03/04/10. Interest for the year 2010-11 is Rs 22000. Determine what interest shall be allowed u/s 24(b) for AY 2011-12

Risk free rate of return is 8%, expected market premium is 15% and Beta of security is 0.80. What is the expected rate of return of the security?

Sunil insured the building of his house for a sum of Rs.500000 against fire insurance. One day the house is totally gutted in a devastating fire. The insurance surveyors certified that the building is a total loss with no salvage value and that the insurable value of the building just prior to the loss was Rs.1000000. The insurer will pay to Sunil:

If a stock GHI ltd pays an annual dividend of Rs. 5 and plans to follow this policy for ever, then what would be the ate of return that investor would realize given the current market price of stock is 100

The Motor Vehicle Insurance Policy has inbuilt cover for death/disability of driver/owner caused by accident during the use of the insured motor vehicle up to Rs. __________ in case of car/commercial vehicle and Rs. _________ in case of two wheelers.

The minimum service required for entitlement to payment of gratuity under the Act, in case of an employee leaving service by death or incapacitation is

If an employee is concerned about the portability of a plan, he should go in for

Which of the following statement is/are correct?

The approved superannuation fund has to deposit all the contributions received from the employer

You are given the following set of data on security XYZ:

Calculate the expected return on security XYZ?

International credit cards can be used by Indians for _________.

Which of the following is an aspect of the first principle underlying Supervisory Review Process in Basel framework?

Suresh a 30 years old person has joined ABHG on 1/07/2006. His monthly salary (net salary) after deduction is payable Rs. 20500.His monthly expenses details are as follows:

Assume that Suresh has taken his flat on rent from 01/07/2006. On 01 /07/2006 he has cash in hand Rs. 2450. What will be his cash in hand on 31/03/2007.

Which of the following is/are the key issues in retirement planning of self employed/ business class?