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GLO_CWM_LVL_1 – Chartered Wealth Manager (CWM) Global Examination

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Showing 13–15 of 20 questions

Question 13 (Exam Pool A)

Which of the following is true of mortgage?

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  • ○

    Lender is mortgager

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    Typical of hypothecation

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    Possession handed over when charge created

  • ○

    Transfer of interest on specific immoveable property


Question 14 (Exam Pool A)

A “Mass Affluent” segment client has investible assets worth of

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  • ○

    $50,000

  • ○

    $100,000

  • ○

    $200,000

  • ○

    None of the above


Question 15 (Exam Pool E)

Puspinder Singh Ahluwalia took a housing loan on 1st. of June 2009 (EMI in arrear) of Rs. 50 lacs at a ROI of 10.75% p.a. compounded monthly for 12 years. He wants to know the deduction in taxable income he can claim u/s 24 of the IT act for the FY 2011 -12

Select an option, then click Submit answer.

  • ○

    480178

  • ○

    150000

  • ○

    330178

  • ○

    125000