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GLO_CWM_LVL_1 Exam Dumps - AAFM Chartered Wealth Manager Questions and Answers

Question # 49

A rate of interest of 10% semi-annual compounded quarterly would be equal to -------------------- % per annum compounded annually.

Options:

A.

20% per Annum Compounded Annually

B.

21.55% per Annum Compounded Annually

C.

20.50% per Annum Compounded Annually

D.

21% per Annum Compounded Annually

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Question # 50

Saurabh contributes Rs. 10,000 every year starting from the end of the 5th year from today till the end of 12th year in the account that gives a ROI of 7.75% p.a. compounded half yearly. Calculate the Present Value of his contribution today.

Options:

A.

39441

B.

39800

C.

42557

D.

36500

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Question # 51

You own 3 scripts with their market value at

Calculate the CAGR of portfolio.

Options:

A.

5%

B.

10.26%

C.

1.64%

D.

11.16%

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Question # 52

Suppose X and Y are Father and Son respectively ,so when Y was a minor X advanced Rs 10,000 to him.

After Y becoming major X obtains a bond for Rs 20000 ,which is much larger than the original amount due from Y,by using his parental influence.The contract stands voidable because the consent is caused by:

Options:

A.

Duress

B.

Coercion

C.

Constructive Fraud

D.

Misrepresentation

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Question # 53

Mukesh a 35 years old man is a self employed businessman, engaged in the business of selling medical equipments and plans to retire from his business and hand it over to his children at age of 55, after which he wants to relax and enjoy his retired life. He is now earning around Rs. 4,00,000/- p.a. His life expectancy is another 15 years after retirement. After paying for his expenses he is able to save Rs. 85,000 /- p.a., and regularly invest it in a 6% p.a. investment plan.

Calculate what will be the Mukesh’s total accumulation at his retirement? And if he wants to spend 4,00,000/- per year at beginning and dies at the age of 70 and assuming that he leaves behind Rs. 1,00,000/- as estate, what will be the short-fall in corpus?

Options:

A.

Rs. 30,22,825/- &Rs. 2,98,763/- (Surplus)

B.

Rs. 31,26,775/- &Rs. 10,32,945/- (Deficit)

C.

Rs. 31,26,775/- &Rs. 6,63,823/- (Deficit)

D.

Rs. 30,22,825/- &Rs. 2,98,763/- (Surplus)

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Question # 54

A Treasury bill pays a 6% rate of return. A risk averse investor __________ invest in a risky portfolio that pays 12% with a probability of 40% or 2% with a probability of 60% because __________.

Options:

A.

Might; she is rewarded a risk premium

B.

Would not; because she is not rewarded any risk premium

C.

Would not; because the risk premium is small

D.

Cannot be determined

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Question # 55

How much loan can be given from PPF account in the year 2006-07?

Options:

A.

25% of the PPF balance in the year 2004-05

B.

25% of the PPF balance in the year 2005-06

C.

25% of the opening balance as on 01-04-06

D.

None of the above

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Question # 56

Mr. Gupta has got his stock insured against fire for Rs5,00,000/- ,during the year he lost the stock in his ware house for Rs. 4,00,000/-. The surveyor from insurance company gave his report that at the time of fire the stock in the ware house had value 6,00,000/-

Calculate what amount Mr. Gupta will receive from the insurance company.

Options:

A.

4,00,000/-

B.

5,00,000/-

C.

3,33,333/-

D.

None of the above

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Question # 57

Which of the following is/are the desirable contents of a will?

Options:

A.

I ,II and III

B.

II , III and IV

C.

I, III and IV

D.

All of these

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Question # 58

The probability distribution of the rate of return on a stock is given below:

What is the standard deviation of return?

Options:

A.

5.69

B.

5.46

C.

7.9

D.

9.4

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Question # 59

HNWI stands for

Options:

A.

High Non Work Individuals

B.

High Net Worth Individuals

C.

High Net Worth Industries

D.

None of the above

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Question # 60

Which of the following statements are correct?

Options:

A.

Only I

B.

Only II

C.

Both I and II

D.

None of them

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Question # 61

The relevant banking ombudsman for filing a complain regarding credit card with central processing is the one under whose jurisdiction __________.

Options:

A.

The head office of the bank falls

B.

The central processing center of the bank falls

C.

The nearest bank branch falls

D.

None of the above

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Question # 62

Mr. Rajesh Rawat deposits Rs. 15,000 per month at the end of the month for 6.50 years in an account that pays a ROI of 8.80% per annum compounded quarterly. What will be the amount in the account after 6.50 years.?

Options:

A.

1571140

B.

1567650

C.

91666

D.

91654

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Question # 63

Which of the following transaction /transactions is/are an example of the Layering Stage of Money Laundering?

Options:

A.

Only II

B.

II, III and IV

C.

I, II and III

D.

II and IV

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