Free CWM_LEVEL_2 Mock Exam – Practice Online Confidently

Section A (1 Mark)If the deceased has two widows, four sons and two daughters then what is the share of each widow

Section B (2 Mark)Asset allocation policy

Section C (4 Mark)Read the senario and answer to the question.Calculate the return on Jogen's investments in SBI Ltd shares.

Section C (4 Mark)Amit an industrialist wants to buy a flat in a housing society presently costing Rs. 35,00,000/- after 6 years. The cost of the house is expected to increase by 15% p.a for the first 3 years and by 10% in the remaining years. Amit wants to start a SIP with monthly contributions in Birla Front Line Equity Mutual Fund to pay for the down payment of the house which would be 25% of the house value at that time. You as a CWM expect that the fund would give ROI of 14% p.a. compounded monthly in the next 10 years. Please advise Amit the monthly SIP amount starting at the beginning of every month for the next 6 years to fulfill his goal of buying the Flat he desires.

Section A (1 Mark)In .....................without delivery possession of the mortgaged property, there mortgager binds himself personally to pay the mortgage money