최신 CWM_LEVEL_2 무료덤프 - AAFM Chartered Wealth Manager (CWM) Certification Level II Examination
Section A (1 Mark)
The Base Year for BSE Realty index is____________
The Base Year for BSE Realty index is____________
정답: B
Section B (2 Mark)
As Per Article 11 Double Taxation Avoidance Agreement with UK, a dividend paid by a company which is a resident of the United Kingdom to a resident of India may be taxed in India. Where under paragraph 2 of this Article, a resident of India is entitled to a tax credit in respect of that dividend, tax may also, be charged in the United Kingdom and according to the laws of the United Kingdom on the aggregate of the amount or value of the dividend and the amount of the tax credit, at a rate not exceeding ___________ percent.
As Per Article 11 Double Taxation Avoidance Agreement with UK, a dividend paid by a company which is a resident of the United Kingdom to a resident of India may be taxed in India. Where under paragraph 2 of this Article, a resident of India is entitled to a tax credit in respect of that dividend, tax may also, be charged in the United Kingdom and according to the laws of the United Kingdom on the aggregate of the amount or value of the dividend and the amount of the tax credit, at a rate not exceeding ___________ percent.
정답: A
Section A (1 Mark)
The demand for insurance tends to be inelastic because of
The demand for insurance tends to be inelastic because of
정답: C
Section C (4 Mark)
The expected return and standard deviations of stock A & B are:
Amit buys Rs.20,000 of Stock A and sells short Rs.10,000 of Stock B using all the Proceeds to buy more or Stock A.
The correlation Between the two securities is .35. What are the expected return & standard deviation of Amit's portfolio?
The expected return and standard deviations of stock A & B are:
Amit buys Rs.20,000 of Stock A and sells short Rs.10,000 of Stock B using all the Proceeds to buy more or Stock A.
The correlation Between the two securities is .35. What are the expected return & standard deviation of Amit's portfolio?
정답: B
Section A (1 Mark)
If the proposer does not disclose fully all the material facts at the time of Proposal the principle violated
If the proposer does not disclose fully all the material facts at the time of Proposal the principle violated
정답: B
Section B (2 Mark)
The minimum service required for entitlement to payment of gratuity under the Act, in case of an employee leaving service by death or incapacitation is
The minimum service required for entitlement to payment of gratuity under the Act, in case of an employee leaving service by death or incapacitation is
정답: C
Section A (1 Mark)
The proposed Fair Tax would change the U.S. tax system and instead:
The proposed Fair Tax would change the U.S. tax system and instead:
정답: A
Section B (2 Mark)
Both __________ depend on electronic information that has been collected about customers, in place of human knowledge, to build and manage relationships.
Both __________ depend on electronic information that has been collected about customers, in place of human knowledge, to build and manage relationships.
정답: A
Section A (1 Mark)
The use of P/E ratios to select stocks suggests that
The use of P/E ratios to select stocks suggests that
정답: B
Section A (1 Mark)
Manish is thinking of acquiring some shares of ABC Ltd. The rate of returns is as follows:
Calculate the expected return on the investments
Manish is thinking of acquiring some shares of ABC Ltd. The rate of returns is as follows:
Calculate the expected return on the investments
정답: B
Section B (2 Mark)
___________, the net profit margin realized by the enterprise from an international transaction entered into with an associated enterprise is computed in relation to cost incurred or sales affected or assets employed or to be employed in the enterprise or having regard to any relevant base.
___________, the net profit margin realized by the enterprise from an international transaction entered into with an associated enterprise is computed in relation to cost incurred or sales affected or assets employed or to be employed in the enterprise or having regard to any relevant base.
정답: D
Section B (2 Mark)
An investor expects the price of a stock to double after eight years. What is the expected annual rate of growth?
An investor expects the price of a stock to double after eight years. What is the expected annual rate of growth?
정답: B
Section A (1 Mark)
As per Hindu succession Act 1956 following person is not considered as a class I heir of the person who dies intestate
As per Hindu succession Act 1956 following person is not considered as a class I heir of the person who dies intestate
정답: C
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Section B (2 Mark)
PPF is a
PPF is a
정답: C
Section A (1 Mark)
The best way to maintain your credit rating is to:
The best way to maintain your credit rating is to:
정답: C
Section B (2 Mark)
Which of the following is a reasonable assumption to make about the understanding of a client on the Wealth planning Process?
Which of the following is a reasonable assumption to make about the understanding of a client on the Wealth planning Process?
정답: D
Section A (1 Mark)
Which of the following statements regarding inflation and investing are true?
Which of the following statements regarding inflation and investing are true?
정답: C
Section A (1 Mark)
The long term use is 120% of long term source. This indicates the unit has
The long term use is 120% of long term source. This indicates the unit has
정답: C
Section B (2 Mark)
A bond has a convexity of 57.3. The convexity effect if the yield decreases by 110 basis points is closest to:
A bond has a convexity of 57.3. The convexity effect if the yield decreases by 110 basis points is closest to:
정답: A
Section B (2 Mark)
To pay for new equipment with a cash price of Rs7500, you need to borrow at 5.3% compounded monthly, then make monthly payments for 32 months. How many fewer months would it take to pay back the loan if you had also saved Rs600 to pay at the end?
To pay for new equipment with a cash price of Rs7500, you need to borrow at 5.3% compounded monthly, then make monthly payments for 32 months. How many fewer months would it take to pay back the loan if you had also saved Rs600 to pay at the end?
정답: C