CWM_LEVEL_2試験無料問題集（1234題）「AAFM Chartered Wealth Manager (CWM) Certification Level II Examination 認定」

出題：1

Section A (1 Mark)
In US Over one-half the money spent by state and local governments goes to just three services. Which of the following is not one of these services?

A. Parks and Recreation

B. Public Welfare

C. Public Education

D. Health Care

正解：A 解答を投票する

出題：2

Section A (1 Mark)
A firm in an industry that is very sensitive to the business cycle will likely have a stock beta ___________.

A. Greater than 1.0

B. Equal to or less than 0.0

C. Less than 1.0 but greater than 0.0

D. Equal to 1.0

正解：A 解答を投票する

出題：3

Section B (2 Mark)
Ram born in 1950 has a life expectancy at birth of 65 years. Sita his wife born in 1955 has a life expectancy at birth of 70 years. Assuming that the life expectancies have not changed. Ram is planning to buy an annuity to be paid to him or his wife till anyone of them is alive. Assuming Ram will retire on attaining age 58 i.e. in
2008, what should be the time period of the annuity?

A. 7 years

B. 10 years

C. 17 years

D. 12 years

正解：C 解答を投票する

出題：4

Section A (1 Mark)
An insured becomes entitled for getting No Claim Bonus only at the renewal of a policy after the expiry of the full duration of _________ months.

A. 9

B. 6

C. 12

D. 3

正解：C 解答を投票する

出題：5

Section A (1 Mark)
_____________is a percentage of the original or proposed loan to the value of a property.

A. Point

B. None of the Above

C. Chattel Mortgages

D. The Loan-To-Value (LTV) ratio

正解：D 解答を投票する

出題：6

Section C (4 Mark)
Read the senario and answer to the question.
What amount he would have piled up at the end of the 20 years if it earns 8.5% compounded interest and discontinues making deposits after 9th deposit?

A. Rs. 169700

B. Rs. 124891

C. Rs. 141862

D. Rs. 128745

正解：A 解答を投票する

出題：7

Section C (4 Mark)
Read the senario and answer to the question.
Mr. Bhatia is interested to invest in a mutual fund SIP account and expecting which will grow by atleast 12% for Neena's education need. Calculate how much he has to deposit per month?

A. Rs. 12,952

B. Rs. 14,956

C. Rs. 16,946

D. Rs. 15,913

正解：A 解答を投票する

出題：8

Section A (1 Mark)
Long-term cash flow improvement may not be achieved by

A. Increasing equity capital

B. Reducing long-term debt

C. Reducing capital expenditure

D. Increasing long-term liabilities

正解：B 解答を投票する

出題：9

Section C (4 Mark)
Shekhar has an investment portfolio of Rs.100000; the initial portfolio mix is Rs. 50000 in stocks, Rs.30000 bonds and Rs.20000 in bank. If stock market goes up by 10%, what should Shekhar do under the constant mix policy?

A. He should sell Rs.2500 of stock and buy bonds worth Rs.1500 and Deposit Rs.1000 in bank.

B. He should sell Rs.5000 of stocks and bonds each and invest it into bonds

C. He should buy his portfolio equally

D. He should sell his portfolio equally

正解：A 解答を投票する

出題：10

Section A (1 Mark)
Every employer is obliged to ensure that his employees get a safe and secure workplace. In relation to the risks arising in the workplace which affects the employees, cover is provided through

A. Employees' Provident fund

B. Employees' group life insurance

C. Employees' personal accidents insurance scheme

D. Workmen's compensation insurance

正解：D 解答を投票する

出題：11

Section A (1 Mark)
----------- shifts the weights of securities in the portfolio to take advantage of areas that are expected to do relatively better than other areas.

A. Market timing

B. Portfolio management

C. Momentum strategy

D. Sector rotation

正解：D 解答を投票する

出題：12

Section A (1 Mark)
Family Offices provide _____________

A. Investment Management

B. All of the above

C. Administration

D. Specialist advice and planning

正解：B 解答を投票する

出題：13

Section C (4 Mark)
Nifty is at 3200. Mr. XYZ expects very little movement in Nifty. He sells 2 ATM Nifty Call Options with a strike price of Rs. 3200 at a premium of Rs. 97.90 each, buys 1 ITM Nifty Call Option with a strike price of Rs. 3100 at a premium of Rs. 141.55 and buys 1 OTM Nifty Call Option with a strike price of Rs. 3300 at a premium of Rs. 64.
What would be the Net Payoff of the Strategy?
* If Nifty closes at 3200
* If Nifty closes at 4212

A. -87.75 and 57.50

B. 90.25 and -9.75

C. -75.25 and -45.65

D. -15.45and 95.75

正解：B 解答を投票する

出題：14

Section A (1 Mark)
Mortgage loans:

A. All of the above.

B. Are primarily long term.

C. Are used to purchase real estate.

D. Usually have more than half the balance remaining when the loan is half-way to maturity.

正解：A 解答を投票する

出題：15

Section C (4 Mark)
Read the senario and answer to the question.
Calculate his Life Insurance Coverage Ratio based on his net worth.

A. 12.50

B. 11.23

C. 11.76

D. 13.50

正解：A 解答を投票する

CWM_LEVEL_2試験無料問題集「AAFM Chartered Wealth Manager (CWM) Certification Level II Examination 認定」