Free Access AAFM.GLO_CWM_LVL_1.v2022-03-02.q349 Practice Test (Page 51)

Question 246

Maximum no. of members in case of private company is

A.200

B.100

C.50

D.150

Question 247

GDP refers to ..............

A.Production from Pvt. and Public Sector during the year

B.Market value of all final goods and services produced within the country during a year.

C.None of the above

D.Net value of final goods and services produced in domestic economy each year

Question 248

You are considering investing Rs 1,500 at an interest rate of 5% compounded annually for 2 years or investing the Rs1,500 at 7% per year simple interest rate for 2 years. Which option is better?

A.Compound Interest by Rs52.75

B.Compound Interest by Rs114.05

C.Simple Interest by Rs56.25

D.Simple Interest by Rs75.19

Question 249

A person is on the verge of retirement. He has sufficient funds to meet his daily regular expenses and even he has sufficient insurance coverage. He owns a house property. His family consists of him and his wife only. As a Chartered Wealth manager, which insurance policy would you suggest him?

A.Med claim policy.

B.Householders policy.

C.Regular annuity policy.

D.Both B & C.

Question 250

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

A.All of these

B.I,III and IV

C.II,III and IV

D.I,II and IV

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Question 246

Question 247

Question 248

Question 249

Question 250

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