CWM_LEVEL_2 Exam Dumps | Section C (4 Mark) Read the senario and answer to the question. By calculating HLV of Mahesh indicate

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Question 141/431

Section C (4 Mark)
Read the senario and answer to the question.
By calculating HLV of Mahesh indicate the shortfall in his life insurance coverage using the given data:
Mr. Mahesh age 52, retirement age 60, paying professional tax of Rs. 5800 and income tax subject to allowable deductions as Rs. 230000, reasonable self maintenance expenditure estimated Rs. 140000 p.a., life insurance premium for self Rs. 25000 with total sum assured Rs. 1200000. He also pays insurance premium of Rs. 15500 and Rs. 7000 for life insurance policy of his wife and son respectively. Rate of interest assured for capitalization of future income is at 7%

A. Rs. 24.84 lakh

B. Rs. 28.20 lakh

C. Rs. 30.23 lakh

D. Rs. 36.12 lakh

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He ...; Question 375: Section B (2 Mark) An employee joined in the year 2000 in a ...; Question 376: Section C (4 Mark) Mr. XYZ buys a Nifty Call with a Strike p...; Question 377: Section A (1 Mark) Shyam invests in a plan in which he has t...; Question 378: Section B (2 Mark) The assumptions concerning the shape of u...; Question 379: Section A (1 Mark) __________ is the symptom of poor listeni...; Question 380: Section A (1 Mark) In US Over one-half the money spent by st...; Question 381: Section B (2 Mark) Akash has only compulsory third party pol...; Question 382: Section A (1 Mark) Which of the following is not a broad cat...; Question 383: Section C (4 Mark) Dab Ltd manufactures, markets, and servic...; Question 384: Section A (1 Mark) Deduction under section 80RRB is allowed ...; Question 385: Section A (1 Mark) The information in your credit report is ...; Question 386: Section A (1 Mark) Comprehensive Wealth Management addresses...; Question 387: Section B (2 Mark) Any income chargeable under the based "Sa...; Question 388: Section B (2 Mark) As per Double Taxation Avoidance Agreemen...; Question 389: Section B (2 Mark) Manav wishes to have a retirement corpus ...; Question 390: Section A (1 Mark) The quantum of deduction allowed u/s 80U ...; Question 391: Section B (2 Mark) In regard to moving averages, it is consi...; Question 392: Section B (2 Mark) Which of the following statements with re...; Question 393: Section A (1 Mark) The way to reduce tax liability by taking...; Question 394: Section A (1 Mark) Technical analysis reflects the idea that...; Question 395: Section B (2 Mark) The Wilson Corporation has the following ...; Question 396: Section A (1 Mark) Which of the following statements is/are ...; Question 397: Section A (1 Mark) Which of the followings are the important...; Question 398: Section C (4 Mark) Read the senario and answer to the questi...; Question 399: Section C (4 Mark) Yogesh Jain is a Chartered Accountant by ...; Question 400: Section B (2 Mark) There are three stocks, A, B, and C. 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