Iwill Online Test - Am
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Questions and Answers
- 1.
How many days are allotted to prepare “iWill” after registration?
- A.
60
- B.
50
- C.
70
- D.
25
Correct Answer
A. 60Explanation
After registration, a total of 60 days are allotted to prepare for "iWill".Rate this question:
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- 2.
Incentive Amount for canvassed staff per “iWill” is…..
- A.
100
- B.
500
- C.
400
- D.
250
Correct Answer
C. 400Explanation
The incentive amount for canvassed staff per "iWill" is 400.Rate this question:
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- 3.
The Portal of “iWill” is ….
- A.
MuthootForex.com
- B.
Muthootiwill.com
- C.
MIBPL.com
- D.
Muthootgroupiwill.com
Correct Answer
B. Muthootiwill.comExplanation
The correct answer is Muthootiwill.com. This is because the question asks for the portal of "iWill" and Muthootiwill.com is the only option that includes "iWill" in its name.Rate this question:
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- 4.
We have a tie-up with the -------Organization for “iWill”
- A.
Willcraft
- B.
Willjini
- C.
Uwill
- D.
Willhawai
Correct Answer
B. WilljiniExplanation
The correct answer is "Willjini" because the question states that there is a tie-up with an organization for "iWill". Among the given options, "Willjini" is the only one that matches the pattern of "iWill" in its name.Rate this question:
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- 5.
The Charges for preparing one iWill ?
- A.
4000
- B.
4600
- C.
4500
- D.
3500
Correct Answer
B. 4600Explanation
The correct answer for the given question is 4600. This implies that the charges for preparing one iWill are 4600.Rate this question:
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- 6.
Which of the following Division is promoting “iWill” ?
- A.
MPMC
- B.
Money Transfer
- C.
MSTL
- D.
Forex
Correct Answer
C. MSTLExplanation
MSTL is the division that is promoting "iWill".Rate this question:
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- 7.
“iWill” is a ……….Product ?
- A.
OTC
- B.
Offline
- C.
Manual Process
- D.
Online
Correct Answer
D. OnlineExplanation
"iWill" is likely to be an online product because the term "i" is commonly associated with technology and online products. Additionally, the other options (OTC, Offline, and Manual Process) do not align with the use of the term "iWill" and are not typically used to describe a product.Rate this question:
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- 8.
“iWill” is required to be...
- A.
Notarized
- B.
Compulsory Registered
- C.
Witnessed by 2 Persons
- D.
Attested by a Magistrate
Correct Answer
C. Witnessed by 2 PersonsExplanation
The document "iWill" needs to be witnessed by 2 persons. This means that two individuals must be present and observe the signing of the document. Their role is to confirm that the person signing the document is doing so willingly and without any coercion or fraud. The witnesses act as impartial observers to ensure the validity and authenticity of the document.Rate this question:
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- 9.
“iWill” is a part of…
- A.
Annual Returns
- B.
Corporate Plan
- C.
Financial Plan
- D.
Wealth Succession plan
Correct Answer
D. Wealth Succession planExplanation
"iWill" is a term commonly used to refer to a legal document known as a "will." A will is a key component of a wealth succession plan, as it outlines how an individual's assets and property will be distributed after their death. It ensures that their wealth is passed on to their chosen beneficiaries according to their wishes. Therefore, "iWill" is a part of a wealth succession plan.Rate this question:
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- 10.
“iwill” is valid for the period of ….
- A.
3 years
- B.
5 Years
- C.
Unless replaced by a new iwill
- D.
Lifelong
Correct Answer
C. Unless replaced by a new iwillExplanation
The correct answer is "Unless replaced by a new iwill." This suggests that the validity of "iwill" will continue until it is replaced by a new version. There is no specific time period mentioned, indicating that it could be valid indefinitely as long as it is not replaced.Rate this question:
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Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
-
Mar 20, 2023Quiz Edited by
ProProfs Editorial Team -
May 09, 2017Quiz Created by
Indranilmuthoot
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