Spring Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmas50

AAFM GLO_CWM_LVL_1 - Chartered Wealth Manager (CWM) Global Examination

Page: 13 / 16
Total 1057 questions

In straight line method

A.

Depreciation value per annum is constant over the useful life

B.

Depreciation value varies with the value of the asset every year

C.

Depreciation is at a fixed percentage of the value of the asset

D.

None of the above

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 ________.

A.

12.2%.

B.

15.4%.

C.

17.8%.

D.

18.2%.

Which of the following are the necessary contents of a will?

A.

(i) & (iii)

B.

(ii) & (iv)

C.

(i), (iii), (iv)

D.

(ii), (iii), (iv)

Given the following data, which one of the options will be monthly premium installment?

Rebate for large sum assured

Upto Rs. 24,999/- No rebate

From Rs. 25,000/- to 49,999/- @ Re 1 per thousand SA

From Rs. 50,000 and above @ Rs. 2 per thousand SA

A.

Rs. 6,524/-

B.

Rs. 6,512/-

C.

Rs. 6,485/-

D.

Rs. 6,501/-

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

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

Rahul had invested in an open ended Mutual Fund when the NAV of the fund was Rs. 10. After 6 months the NAV was Rs. 12. Calculate the annualized percentage change in the fund ignoring all charges.

A.

40%

B.

36.64%

C.

80%

D.

96%

Amount of liability of payment of gratuity is calculated at the rate of

A.

One month’s wage for each completed year of service

B.

20days wages for each completed year of service

C.

Half a month’s wage for each completed year of service

D.

15 day’s wage for each completed year of service

Mr. Shivam Sharma expects to receive Rs 25000 in net receipts each year for five year and to sell the property for Rs 350,000 at the end of the five-year period, if Mr. Sharma expects a 15% return, what would be the value of the property?

A.

Rs. 3,25,000

B.

Rs. 2,57,818

C.

Rs. 2,60,000

D.

Rs. 2,60,000

A weaker Rupee benefits _____ and hurts _____

A.

Indian businesses; Indian consumers.

B.

Indian businesses; foreign consumers.

C.

Indian consumers; Indian businesses.

D.

foreign businesses; Indian consumers.

You bought a stock for Rs. 20 and sold it for Rs. 59.72 after six years. What was the annual rate of return?

A.

18%

B.

16%

C.

21%

D.

20%

Why do criminals launder money?

A.

i, ii, and iii

B.

i, ii, and iv

C.

ii, iii, and iv

D.

All of the above

Purpose of budget is ____________

A.

Spend money wisely

B.

Reach financial goals

C.

Prepare for financial emergencies

D.

All of the above

In case of a defined benefit plan where the benefit payable is based on the terminal salary, an increase in of 10% of the wages of the employees would increase the contribution to be made by the employer for the benefit by

A.

10% of the earlier level of contribution

B.

More than 10% of the earlier level of contribution

C.

Less than 10% of the earlier level of contribution

D.

Can be any of the above

Which of the following statement is true in relation to life expectancy?

A.

I,II and IV

B.

I ,II and III

C.

I,III and IV

D.

All of these

Which one of the following statements is/are correct?

A.

(i) only

B.

(ii) only

C.

Both are correct

D.

Both are incorrect

(CII for 1992-1993=223 and CII for 2011-2012 =785)

Calculate the LTCG in both cases?

A.

12,00,000 and 1,43,946

B.

10,80,000 and 1,45,850

C.

11,00,000 and 10,80,000

D.

10,00,000 and 10,12,946

…………… mortgage is an extremely good resource for retirement planning.

A.

Simple mortgage

B.

Equitable

C.

Balloon

D.

Reverse mortgage

Foreign currency borrowings raised by Indian corporate from outside India are called

A.

GDR

B.

ADR

C.

ECB

D.

IDR

Cash credit is treated as out of order if

A.

No credits continuously for 90 days

B.

Credits not adequate to cover interest for 90 days

C.

Either of the above

D.

Both of them

Types of shares are

A.

Preference shares

B.

Bank deposits

C.

Debentures

D.

All of the above