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AAFM CWM_LEVEL_2 Based on Real Exam Environment

Page: 3 / 47
Total 1259 questions

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

Question 9

Section A (1 Mark)

A bank is considering making a loan to Jitesh Desai. Jitesh is a commissioned sales broker. Some months he earns as much as Rs 1,00,000 and in other months he earns virtually nothing. Which aspect of evaluating a consumer loan would this be concerned with?

Options:

A.

Character and purpose

B.

Income level

C.

Deposit balance

D.

Employment and residential stability

Question 10

Section A (1 Mark)

Mr.Gopal is working in a reputed company and earning Rs. 3,00,000/- p.a. and is now 48 years old. He has invested Rs. 3,00,000/- in an annuity which will pay him after 5 years a certain amount p.m. at the end of every month for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the end of every month after 5 years?

Options:

A.

5,355

B.

5423

C.

5691

D.

5487

Question 11

Section A (1 Mark)

When markets are in equilibrium, the CML will be upward sloping

Options:

A.

Because it shows the optimum combination of risky securities.

B.

Because the price of risk must always be positive.

C.

Because it contains all securities weighted by their market values.

D.

Because the CML indicates the required return for each portfolio risk level.

Question 12

Section A (1 Mark)

Mr. Rajesh was the owner of an uninsured property. But unfortunately the property caught fire because of which he suffered severe financial losses. The reason Mr. Rajesh suffered losses as he did not cover:

Options:

A.

The investment risk

B.

The pure risk

C.

The speculative risk

D.

The dynamic risk

Page: 3 / 47
Total 1259 questions