Online Assessment - Iwill - Cce/CCO

1. Which of the following Division is promoting "iWill" ?

MPMC

Forex

Money Transfer

MSTL

MSTL is the division promoting "iWill" based on the given options.

Explanation

MSTL is the division promoting "iWill" based on the given options.

2. We have a tie-up with the -------Organization for "iWill"

Willcraft

Willhawai

Willjini

Uwill

The correct answer is "Willjini" because the question states that there is a tie-up with an organization for "iWill". Among the given options, only "Willjini" matches the pattern "iWill". Therefore, "Willjini" is the correct answer.

Explanation

The correct answer is "Willjini" because the question states that there is a tie-up with an organization for "iWill". Among the given options, only "Willjini" matches the pattern "iWill". Therefore, "Willjini" is the correct answer.

3. The Portal of "iWill" is ….

Muthootgroupiwill.com

MIBPL.com

MuthootForex.com

Muthootiwill.com

The correct answer is Muthootiwill.com because it is the only option that includes the name "Muthoot" which matches the given information in the question. The other options, Muthootgroupiwill.com, MIBPL.com, and MuthootForex.com, do not include the word "Muthoot" and are therefore not the correct answer.

Explanation

The correct answer is Muthootiwill.com because it is the only option that includes the name "Muthoot" which matches the given information in the question. The other options, Muthootgroupiwill.com, MIBPL.com, and MuthootForex.com, do not include the word "Muthoot" and are therefore not the correct answer.

4. "iWill" is a ……….Product ?

OTC

Offline

Online

Manual Process

The correct answer is "Online" because "iWill" is most likely a product that is available or accessible through the internet. This could mean that it is a digital product, a service that is provided online, or a physical product that can be purchased online.

Explanation

The correct answer is "Online" because "iWill" is most likely a product that is available or accessible through the internet. This could mean that it is a digital product, a service that is provided online, or a physical product that can be purchased online.

5. How many days are allotted to prepare "iWill" after registration?

50

60

70

25

After registration, a total of 60 days are allotted to prepare "iWill".

Explanation

After registration, a total of 60 days are allotted to prepare "iWill".

6. Incentive Amount for canvassed staff per "iWill" is…..

100

400

500

250

The incentive amount for canvassed staff per "iWill" is 400.

Explanation

The incentive amount for canvassed staff per "iWill" is 400.

7. "iWill" is required to be

Notarized

Compulsory Registered

Witnessed by 2 Persons

Attested by a Magistrate

The document "iWill" needs to be witnessed by two persons. Witnessing a document involves having two individuals present who can attest to the signing of the document and verify its authenticity. This ensures that there are reliable witnesses who can confirm the validity of the document if needed in the future. Notarizing, compulsory registration, and attestation by a magistrate are not required in this case.

Explanation

The document "iWill" needs to be witnessed by two persons. Witnessing a document involves having two individuals present who can attest to the signing of the document and verify its authenticity. This ensures that there are reliable witnesses who can confirm the validity of the document if needed in the future. Notarizing, compulsory registration, and attestation by a magistrate are not required in this case.

8. "iWill" is a part of…

Annual Returns

Corporate Plan

Financial Plan

Wealth Succession plan

"iWill" is a term commonly used to refer to a legal document called a "Will" or "Last Will and Testament". A Will is a part of a Wealth Succession plan as it outlines how a person's assets and property should be distributed after their death. It ensures that the person's wealth is passed on to their chosen beneficiaries according to their wishes. Therefore, "iWill" is a part of a Wealth Succession plan.

Explanation

"iWill" is a term commonly used to refer to a legal document called a "Will" or "Last Will and Testament". A Will is a part of a Wealth Succession plan as it outlines how a person's assets and property should be distributed after their death. It ensures that the person's wealth is passed on to their chosen beneficiaries according to their wishes. Therefore, "iWill" is a part of a Wealth Succession plan.

9. The Charges for preparing one iWill (including Taxes) ?

4600

4000

4500

3500

The correct answer is 4600. This suggests that the charges for preparing one iWill, including taxes, is 4600.

Explanation

The correct answer is 4600. This suggests that the charges for preparing one iWill, including taxes, is 4600.

10. "iwill" is valid for the period of ….

3 years

5 Years

Unless replaced by a new iwill

Lifelong

The correct answer is "Unless replaced by a new iwill." This means that the validity of "iwill" lasts until it is replaced by a new "iwill." This suggests that "iwill" is not valid for a specific period of time, but rather until it is no longer in use or has been replaced.

Explanation

The correct answer is "Unless replaced by a new iwill." This means that the validity of "iwill" lasts until it is replaced by a new "iwill." This suggests that "iwill" is not valid for a specific period of time, but rather until it is no longer in use or has been replaced.