DM Level Upgrade

Which of the following statement is not true with regards to DM Level Upgrade?

DM 1 to SDM 2 is skippable.

Revised goal sheet would become effective from the next month of fulfillment of level upgrade targets.

WPI is calculated as : Received premium X Product Weightage

None of the above statement is true

For a DM level upgrade, what is the criteria for considering a PFA as a Qualified PFA ?

Minimum 1 NOP of Rs.5,000 WPI issued by self-recruited PFA during the goal sheet period.

Minimum Rs. 1,00,000 WPI issued by self-recruited PFA during the goal sheet period.

Minimum 1 NOP of Rs.10,000 WPI issued by self-recruited or allotted PFA during the goal sheet period.

Minimum Rs. 1,00,000 WPI issued by self-recruited or allotted PFA during the goal sheet period.

Which PFAs will be considered for the fulfilment of the criteria of PFA Team Size?

Any self-recruited PFA who has logged in minimum 1 NOP of Rs. 5000

Self-recruited PFAs and Allotted PFAs

Only Self-recruited PFAs

Recruited and Activated PFA

Mr. Ram , PFA with Edelweiss Tokio Life, Pune branch was transferred from DM “A” to DM “ B” on 8th Aug 2014.Mr. Ram has logged in 3 Policies with WPI of Rs. 1 lac on 6th Aug 2014 and were not issued till the date of transfer. Will DM “B” get the WPI credit for the policies sold by the transferred PFA Ram ?

Yes, DM “B” will get partial WPI Credit

No, DM “B” will not get any WPI credit.

Yes, DM “B” will get full WPI credit

None of the above statement is correct

Which of the following statement is true with regards to the calculation of Inception till Date Persistency?

All the policies issued till the date of calculation of persistency will be considered as denominator.

All the policies issued till the date of calculation of persistency will be part of the denominator excluding policies in the lapsed stage for more than three years.

All the policies issued till the date of calculation of persistency will be part of the denominator excluding policies in the lapsed stage for more than two years.

All the policies issued till the date of calculation of persistency will be part of the numerator.

For a DM to move from SDM2 to EDM level, he/she should complete minimum __________ months in Edelweiss Tokio Life.

18 months

12 months

6 months

24 months

In case of non achievement of MP level target within __________ months, a rolling goal sheet comes into effect

12 months

No such period is defined for MP level

18 months

6 months

If a DM gets upgraded to the SDM 2 level , he/she becomes eligible for a level allowance of _______________

Rs. 50,000

Rs. 25,000

Rs. 75,000

Rs. 1,25,000

Calculate the amount of Incentive on Team R&R for one of our DM? Details are as below: Mega Launch – 6, Super Mega Launch – 3, MDRT – 1, COT – 1, TOT – 1

Rs. 1,13,500

Rs. 1,12,000

Rs. 1,88,500

Rs. 1,50,000

DM Level Upgrade

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