Free AAFM GLO_CWM_LVL_1 Exam Dumps - Page 3

MultipleChoice

Suppose there is Portfolio ''P'' available for investment in the market which has a correlation with the market of 0.70.

What portion of the risk of the portfolio can be eliminated through diversification?

MultipleChoice

"A borrower who has been given notice of enforcement of security interest, replies with his objections. What is expected of the secured creditor? "

MultipleChoice

"When a customer opts for a safe deposit locker, the bank becomes a _______."

MultipleChoice

Mr. Pradip completed construction of a residential house on 1.4.2011.

Interest paid on loans borrowed for purpose of construction during the 2 years prior to completion was Rs. 40,000. The house was let-out on a monthly rent of Rs. 4,000.

Property was vacant for 3 months.

Compute the income under the head ''Income from House Property'' for the A.Y. 2012-13.

MultipleChoice

Mr. Kadam is entitled to a salary of Rs. 25000 per month. He is given an option by his employer either to take house rent allowance or a rent free accommodation which is owned by the company. The HRA amount payable was Rs. 5000 per month. The rent for the hired accommodation was Rs. 6000 per month at New Delhi. Advice Mr. Kadam whether it would be beneficial for him to avail HRA or Rent Free Accommodation. Give your advice on the basis of ''Net Take Home Cash benefits''.