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Free CWM_LEVEL_2 Questions Attempt

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Total 1259 questions

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

Question 45

Section A (1 Mark)

____________means that people resist inequitable outcomes; i.e., they are willing to give up some material payoff to move in the direction of more equitable outcomes.

Options:

A.

In Equity Reversion

B.

Money Illusion

C.

Escalation of Commitment

D.

Hindsight bias

Question 46

Section C (4 Mark)

Read the senario and answer to the question.

Sajan sold 350 shares of a company at Rs. 300 each on 1st March 2010. He purchased 50 shares on 1st May 1979 for Rs. 20 each. The fair market value was Rs. 40 each as on 1st April 1981. Again on 7 August 1998, he was allotted 50 bonus shares. The fair market value was Rs. 115 each as on 7th August 1998. He purchased additional 250 shares on 1st April 2009 for Rs. 150 each. Calculate the capital gains on shares sold.

(CII – 1981-82 : 100; 1998-99 : 351; 2008-2009 ; 582; 2009-10; 632)

Options:

A.

Rs. 59486

B.

Rs. 54653

C.

Rs. 61180

D.

Rs. 54860

Question 47

Section A (1 Mark)

Which of the following act is done by the most dissatisfied customers?

Options:

A.

Do not complain

B.

Send their complaints

C.

Do not complain & tell their friends

D.

Tell their friends

Question 48

Section A (1 Mark)

__________ is the most important investment decision because it determines the risk-return characteristics of the portfolio.

Options:

A.

Hedging

B.

Market timing

C.

Performance measurement

D.

Asset allocation

Page: 12 / 47
Total 1259 questions