AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 27 Topic 3 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 27 Topic 3 Discussion

GLO_CWM_LVL_1 Exam Topic 3 Question 27 Discussion:
Question #: 27
Topic #: 3

Under Motor Vehicles Insurance, liability only policy covers property damage up to Rs. _________, in case of private cars & commercial vehicles, and Rs. ________, in case of two wheelers, although Motor Vehicle Act requires a cover of only Rs. ________.


A.

Rs. 10,00,000 Rs. 5,00,000 Rs. 6,00,000


B.

Rs. 7,50,000 Rs. 1,00,000 Rs. 6,000


C.

Rs. 5,00,000 Rs. 2,00,000 Rs. 60,000


D.

Rs. 4,00,000 Rs. 3,00,000 Rs. 60,000


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