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Chartered Wealth Manager CWM_LEVEL_2 Release Date

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Question 120

Section A (1 Mark)

In a life insurance contract, offer refers to

Options:

A.

Proposer paying the first premium

B.

Proposer’s application form for insurance

C.

Original policy bond

D.

Company brochure duly authenticated

Question 121

Section A (1 Mark)

Hybrid plans are

Options:

A.

Combination of DB & ESOP plan

B.

Combination of DB & DC plan

C.

Combination of ESOP and Money purchase plan

D.

None of the above

Question 122

Section B (2 Mark)

Lalit wants to sell a property for Rs.20 lakhs. He is earning rent from tenant Rs.2,15,000. He is spending following amounts annually on that property

The value of the property would be:

Options:

A.

Rs 21, 33,684.21

B.

Rs 21, 12,254.24

C.

Rs 19, 75,452.15

D.

Rs 19, 84,578.29

Question 123

Section A (1 Mark)

According to Prospect Theory, investors are more concerned with changes in wealth than in returns. Prospect Theory suggests that investors:

Options:

A.

Are Risk Averse

B.

Can be loss averse

C.

Place more value on gains than on losses of equal than on losses of equal magnitude

D.

None of these

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Exam Code: CWM_LEVEL_2
Exam Name: Chartered Wealth Manager (CWM) Certification Level II Examination
Last Update: Dec 27, 2024
Questions: 1259
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