AAFM CWM_LEVEL_2 Exam Questions Instant Access

Question 1

Section B (2 Mark)

Number One Flight Stock currently sells for Rs53. A one-year call option with strike price of Rs58 sells for Rs10, and the risk free interest rate is 5.5%. What is the price of a one-year put with strike price of Rs58?

ARs. 10.00

BRs. 12.12

CRs. 16.00

DRs. 11.97

Answer : D

Question 2

Section B (2 Mark)

Customer relationship management applications dealing with the analysis of customer data to provide information for improving business performance best describes by which of the following?

AGeneric customer relationship management applications

BSupply chain management applications.

CAnalytical customer relationship management applications

DOperational customer relationship management applications

Answer : C

Question 3

Section B (2 Mark)

Which of the following statements is / are correct?

AOnly I and II

BII, III and IV

CI, II and III

DAll of the above

Answer : B

Question 4

Section A (1 Mark)

During ''Teen age years'' life stage, typical asset allocation should be

A25% equities, rest in fixed income instruments

B50% equities, rest in fixed income instruments

C75% equities, rest in fixed income instruments

DNone of the above

Answer : D

Question 5

Section B (2 Mark)

Mr. X gives Rs. 200000 to Mrs. X as gift. She invests in a proprietary concern and incurs a loss of Rs. 40000.

AThe loss shall be ignored while computing income of both Mr. and Mrs. X

BThe loss shall be borne by Mrs. X

CThe loss shall not be clubbed

DThis loss shall be clubbed in the hands of Mr. X

Answer : D

Question 6

Section A (1 Mark)

Which of the following is not one of the five core process according to Payne's five-process model ?

AThe strategy development process

BThe value creation process

CThe multichannel segregation process

DThe performance assessment process

Answer : C

Question 7

Section A (1 Mark)

Which one of the following statements is/are true?

AReal Estate investment is illiquid.

BAgricultural land is exempt from wealth tax.

CAgricultural land is exempt from capital gain tax but however subject to land revenue.

DAll of the above

Answer : D

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Exam Questions