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CWM_LEVEL_2 Exam Dumps : Chartered Wealth Manager (CWM) Certification Level II Examination

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Chartered Wealth Manager (CWM) Certification Level II Examination Questions and Answers

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Question 1

Section B (2 Mark)

In a wealth management Platform which of the following is/are the functions of Middle/Back Office – Advisor

Options:

A.

I, II and III

B.

II and III

C.

I, II and IV

D.

All of the Above

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Question 2

Section B (2 Mark)

An employee joined in the year 2000 in a sugar mill. After working all the years as a seasonal employee up to the year 2011. He retires with the following monthly salary

How much gratuity is payable to him?

Options:

A.

Rs 11308

B.

Rs 9692

C.

Rs 8885

D.

Rs 20769

Question 3

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Saxena is planning to visit USA for the very first time in his carrier to promote software of his company and is expected to stay long. He wants to plan his journey in such a manner so that he can get maximum tax benefits in the FY 2007–08 from the residential status point of view. What is the latest date when he can afford to leave India & earn status of an NRI to get maximum tax benefits in assessment year 2008–09?

Options:

A.

On 12-10-2007

B.

On 28-09-2007

C.

On 01-10-2007

D.

On 22-09-2007

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