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CWM_LEVEL_2 Exam Dumps - Chartered Wealth Manager (CWM) Certification Level II Examination

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Question # 137

Section B (2 Mark)

Amit has just received new information regarding his investment in PLC ltd. The new information appears to be in conflict with earlier forecast of what the stock price should be at this point. He is still willing to incorporate the new information into his forecast and to revise it accordingly.

Which behavioral heuristic is Amit displaying?

A.

Confirmation Bias

B.

Conservatism Bias

C.

Anchoring and Adjustment

D.

Framing Bias

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Question # 138

Section A (1 Mark)

Which of the following services are related to the field of Real Estate?

A.

Appraisal and Brokerages

B.

Property Development

C.

Property management & Relocation service

D.

All of the above

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Question # 139

Section C (4 Mark)

Read the senario and answer to the question.

If Mahesh extends his retirement age to 65, what is the annual saving required in the beginning of every year if his post retirement expenses are 85% of his pre-retirement expenses?

A.

Rs. 3209

B.

Rs. 35524

C.

Rs. 42447

D.

Rs. 21361

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Question # 140

Section B (2 Mark)

___________ applies where there are multiple transactions which are inter-related and cannot be evaluated separately for the purpose of determining arm’s length price of any one transaction.

A.

Comparable Uncontrolled Price Method [CUP]

B.

Resale Price Method [RPM]

C.

Cost-Plus Method [CPM]

D.

Profit Split Method [PSM]

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Question # 141

Section B (2 Mark)

Which of the following statements is/are true?

A.

I, II and III

B.

I,II and IV

C.

I, III and IV

D.

II,III and IV

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Question # 142

Section A (1 Mark)

The following is not a capital receipt

A.

Compensation received for vacating business place

B.

Sale of know-how

C.

Dividend on investment

D.

Bonus Shares

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Question # 143

Section A (1 Mark)

Aditya’s father has given him general power of attorney what does this mean?

A.

He has given Harish the right to appoint himself as the sole beneficiary of estate

B.

He has given Harish the right to make decision in all matters and take action on his behalf should be become incompetent

C.

He has given Harish the immediate right to make decision in all matters and take action on his behalf

D.

None of the above

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Question # 144

Section A (1 Mark)

Wages for the purpose of gratuity payment as per the Act means

A.

Basic Pay

B.

Basic par and dearness allowance

C.

Basic Pay, Dearness Allowance and City compensatory allowance & house rent

D.

Emoluments including all allowances, bonus and commission, etc

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