Month End Special 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: Board70

GLO_CWM_LVL_1 Exam Dumps - AAFM Chartered Wealth Manager Questions and Answers

Question # 19

An investment having market value of Rs. 100 lakhs in the beginning of 2007, a Rs. 200 lakhs value at the end of 2007, and a Rs. 100 lakhs value at the at the end of 2008. Calculate the arithmetic return and time-weighted return?

Options:

A.

-0.50 %, -0.025%

B.

25%, 0%

C.

0.025%, 0.50%

D.

–0.05%, -0.0025%

Buy Now
Question # 20

Compute Geometric mean return for an investment with the following per period return – 8.9%, 10%, 7.7%, 13%?

Options:

A.

7.75%

B.

8.59%

C.

9.88%

D.

9.50%

Buy Now
Question # 21

The premium on all other riders put together should not exceed _____ of the premium on the base policy

Options:

A.

10%

B.

20%

C.

30%

D.

50%

Buy Now
Question # 22

If the proposer does not disclose fully all the material facts at the time of Proposal the principle violated

Options:

A.

Caveat emptor

B.

Insurable interest

C.

Utmost good faith

D.

Sharing of risk

Buy Now
Question # 23

Which of the following statements with regard to Human Capital is/are correct?

Options:

A.

Only II

B.

Only I

C.

Both I and II

D.

None of the above

Buy Now
Question # 24

Minimum number of independent directors on the board of Asset Management Company is

Options:

A.

50%

B.

60%

C.

75%

D.

66.67%

Buy Now
Question # 25

Which of the following statement is true?

Options:

A.

The Jensen index compares actual performance to the risk-adjusted required performance.

B.

The Treynor index assumes that portfolios are not well diversified.

C.

The Sharpe index standardizes performance by the portfolio's beta.

D.

Option A and B

Buy Now
Question # 26

Which of the following is not a part of scheduled banking structure in India?

Options:

A.

Money Lenders

B.

Public Sector Banks

C.

Private Sector Banks

D.

Regional Rural Banks

Buy Now
Question # 27

Mr. Raja Ram is working as a regional head in a Pharmaceutical Company. He has a annual income of Rs. 10,00,000. He will be retiring in next ten years. His current expenses are Rs. 5,00,000. The inflation rate for the foreseeable future is expected to be 5%. He assumes that his post retirement expenses will be 70% of his last year expenses of his service and they will increase at inflation rate and paid at the beginning of each year. On his retirement He plans to leave his current rented apartment and shift into a spacious and airy bungalow located on the suburbs of the city (his long cherished dream). The current price of the bungalow is Rs. 24 lakh which is estimated to increase in line with inflation rate. A ten year government security paper fetches 10% interest rate, which will remain constant for the forthcoming period. He is in good health and expects to live for twenty years after retirement.

As a CWM® you are required to calculate the amount he needs to save at the end of ten years on an annual basis so that he can pay his post retirement expenses as well as buy his dream house.

Options:

A.

4.67 lacs

B.

7.219 lacs

C.

7.56 lacs

D.

6.56 lacs

Buy Now
Question # 28

Which of the following would make a consideration unlawful?

Options:

A.

Forbidden by law

B.

Not in writing

C.

Both of the above

D.

None of the above

Buy Now
Question # 29

As per presumptive income scheme under section 44AE, the presumed income shall be:

Options:

A.

Rs. 3,000 p.m. per goods carriage

B.

Rs. 3,500 p.m. per heavy goods vehicle and Rs. 3,150 p.m. per vehicle other than heavy goods vehicle

C.

Rs. 3,500 p.m. per heavy goods vehicle Rs. 3,150 p.m. for medium goods vehicle and Rs. 2,000 p.m. per light commercial vehicle.

D.

None of These

Buy Now
Question # 30

The shares of Alpha were bought on Jan 1 for Rs 110/-. During the year Alpha paid a dividend of Rs 2/- per share. At the end of the year, share of Alpha was sold for Rs 115/- What is the total return on Alpha?

Options:

A.

4.36%

B.

6.36%

C.

7%

D.

8.42%

Buy Now
Question # 31

Returns on a security held for 5 years by Praveen are:

Find the standard deviation of the security.

Options:

A.

8.50%

B.

7.37%

C.

8.00%

D.

6.59%

Buy Now
Question # 32

Liquid assets comprise

Options:

A.

Certificate of Deposits

B.

Money Market Mutual Funds

C.

Funds in savings account

D.

All of the above

Buy Now
Question # 33

A company is eligible to issue Commercial Paper when its tangible net worth is not less than:

Options:

A.

3.75 Crores

B.

4.5 Crores

C.

4 Crores

D.

3 Crores

Buy Now
Exam Code: GLO_CWM_LVL_1
Exam Name: Chartered Wealth Manager (CWM) Global Examination
Last Update: Jan 31, 2025
Questions: 1057
GLO_CWM_LVL_1 pdf

GLO_CWM_LVL_1 PDF

$25.5  $84.99
GLO_CWM_LVL_1 Engine

GLO_CWM_LVL_1 Testing Engine

$28.5  $94.99
GLO_CWM_LVL_1 PDF + Engine

GLO_CWM_LVL_1 PDF + Testing Engine

$40.5  $134.99