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AAFM CWM_LEVEL_2 Actual Questions

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Total 1259 questions

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

Question 65

Section A (1 Mark)

___________ is a measure of the ratio between the net income produced by an assets (usually real estate) and its capital cost.

Options:

A.

Income Approach

B.

Capitalization Rate

C.

Yield

D.

Discounted Cash flow

Question 66

Section C (4 Mark)

Read the senario and answer to the question.

Keshav purchased a Health Insurance. The policy has a calendar-year deductible of Rs. 500 and 80:20 as coinsurance. Keshav was hospitalized with a covered illness on January 23rd 2009. This hospitalization was his first claim under the said policy for the calendar year. His covered medical expenses were Rs. 20,500. How much of this amount will the insurer pay and how much will Keshav be required to pay to the Hospital?

Options:

A.

The insurer will pay Rs. 16,500 and Keshav will pay Rs. 3,500

B.

The insurer will pay Rs. 20,500 and Keshav will pay Rs. Nil

C.

The insurer will pay Rs. 15,500 and Keshav will pay Rs. 4,500

D.

The insurer will pay Rs. 20,000 and Keshav will pay Rs. 500

Question 67

Section B (2 Mark)

You may need to file your Returns in India under the following circumstances:

Options:

A.

I, II and III

B.

II and III

C.

III and IV

D.

All of the above

Question 68

Section A (1 Mark)

A covered call position is equivalent to a

Options:

A.

Long put.

B.

Short put.

C.

Long straddle.

D.

Vertical spread.

Page: 17 / 47
Total 1259 questions