New Year Special 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

Chartered Wealth Manager CWM_LEVEL_2 Dumps PDF

Page: 25 / 47
Total 1259 questions

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

Question 97

Section B (2 Mark)

In order to determine the residential status of an NRI returning to India for permanent settlement, for the year of return, besides the stay not exceeding 181 days an additional condition is applicable that of stay not totalling to____________ days or more in relevant year if his stay in earlier ___________ years totaled to 365 days or more.

Options:

A.

90 and 3

B.

60 and 4

C.

180 and 5

D.

180 and 3

Question 98

Section C (4 Mark)

A stock ABC Ltd. is trading at Rs. 450. Mr. XYZ is bullish on the stock. But does not want to invest Rs. 450. He does a Long Combo. He sells a Put option with a strike price Rs. 400 at a premium of Rs. 1.00 and buys a Call Option with a strike price of Rs. 500 at a premium of Rs. 2.

What would be the Net Payoff of the Strategy?

• If ABC Ltd closes at 625

• If ABC Ltd closes at 328

Options:

A.

-114 and 95

B.

124 and -73

C.

-144 and 105

D.

320 and 270

Question 99

Section A (1 Mark)

__________ is a tangible company asset that can (and should) be inventoried and managed.

Options:

A.

Geographical information

B.

Customer information

C.

Product information

D.

All of the given options

Question 100

Section B (2 Mark)

Which of the following statements is/are correct with respect to Mental Accounting?

Options:

A.

I and II

B.

II and III

C.

I and III

D.

All of the Above

Page: 25 / 47
Total 1259 questions