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 # 4

Investment in FCNR may be made through ________.

Options:

A.

Remittance from abroad

B.

Transfer from NRE

C.

Either of the above

D.

Both of the above

Buy Now
Question # 5

Mr. Subhash Bansal, a marketing manager is employed with IMFB limited. He took an advance of Rs. 1,20,000 against the salary of Rs. 30,000 per month in the month of March 2007. The gross salary of Mr. Adhikari for the assessment year 2007-08 shall be:

Options:

A.

Rs. 3,60,000

B.

Rs. 4,80,000

C.

Rs. 2,40,000

D.

Rs. 3,80,000

Buy Now
Question # 6

Fixed Annuity and Variable Annuity respectively provide:

Options:

A.

Un Guaranteed returns & Guaranteed returns

B.

Guaranteed Returns &Very Low Returns

C.

Very low returns and Unguaranteed Returns

D.

None of the above

Buy Now
Question # 7

If a preferred stock pays an annual Rs. 4.50 dividend, what should be the price of the stock if comparable yields are 10 percent? What would be the loss if yields rose to 12 percent?

Options:

A.

Rs. 450/- loss Rs. 75

B.

Rs. 45/- loss Rs. 7.50

C.

Rs. 45/- loss Rs. 4.50

D.

Rs. 450/- loss Rs. 6.25

Buy Now
Question # 8

IMF has _____ directors

Options:

A.

5

B.

10

C.

15

D.

24

Buy Now
Question # 9

KYC norms are applicable in following cases

Options:

A.

All new account

B.

All new accounts and old accounts with high value transactions

C.

All cash transactions

D.

All accounts

Buy Now
Question # 10

The risk free return of Security A is 8%. In addition to it, you expect that the return on market would be 14%. The expected return of Security A with beta of 0.70 is ________.

Options:

A.

12.2%.

B.

15.4%.

C.

17.8%.

D.

18.2%.

Buy Now
Question # 11

The information about 3 stocks is provided below:

Assuming that the required rate of return on investment is 14%, what maximum price an investor should be willing to pay and Which Stock should he buy?

Options:

A.

Rs. 23.15/-, Rs. 47.50/-, Rs.70.45/- , Share C

B.

Rs. 15.29, Rs. 43.71, Rs. 63.64, None

C.

Rs. 15.29, Rs. 22.50, Rs. 49.50, Share B and C

D.

Rs. 16.36, Rs. 49.67, Rs. 69.75, Share B only

Buy Now
Question # 12

Income received in India in previous year is taxable in the hands of:

Options:

A.

Resident;

B.

Not-resident;

C.

Non ordinarily resident;

D.

All above.

Buy Now
Question # 13

Calculate the Paid up Value ( PV) under a policy with the following particulars

Options:

A.

Rs. 8,000

B.

Rs. 17,750

C.

Rs. 20,000

D.

Rs. 25,000

Buy Now
Question # 14

"A borrower defaults on a secured loan of Rs. 50,000. The underlying security is worth Rs. 60,000. Which of the following is true? "

Options:

A.

"Bank can retain Rs. 50,000. Balance Rs. 10,000 has to be paid to the borrower."

B.

Bank cannot sell the underlying security because its value is higher than loan.

C.

"Bank can retain the entire Rs. 60,000"

D.

"The excess of Rs. 10,000 has to be shared equally between the bank and the borrower."

Buy Now
Question # 15

Which of the following are investment intermediaries?

Options:

A.

Finance companies

B.

Mutual funds

C.

Pension funds

D.

Only (A) and (B) of the above

Buy Now
Question # 16

The organization which was established in year 1956 to provide various forms of financing without soverign guarantees, primarily to the private sector is:

Options:

A.

International Monetary Fund

B.

Asian Development Bank

C.

International Finance Corporation

D.

International Bank for Reconstruction and development

Buy Now
Question # 17

Employees Provident Fund is applicable to firms employing over _______________ employees

Options:

A.

20

B.

15

C.

10

D.

25

Buy Now
Question # 18

Rishi wants to purchase a car 5 years from now. His investments are presently worth Rs. 48,000/-. He puts them into an account today at a ROI of 10% per annum and he would be contributing Rs. 5,000/- from end of this month, every month for 5 years. What would be his accumulated savings in this account after end of 5 years?

Options:

A.

465456.12

B.

466160.18

C.

464152.92

D.

467645.78

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