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

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Question # 169

Section C (4 Mark)

Mr. Vivek Kalra deposits Rs.11,00,000 today in an investment that would pay after 6 years Rs. 1,00,000 per year for 5 years and Rs. 1,50,000 for the next 5 years. What would be the balance in the account after the last payment is made if the ROI is 18% per annum compounded annually?

A.

2969509

B.

6078097

C.

12832083

D.

11283083

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Question # 170

Section A (1 Mark)

Operational customer relationship management supports which of the following function?

A.

Front Office

B.

Customer campaigns

C.

Effective interaction

D.

Data mining

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Question # 171

Section B (2 Mark)

How much should you pay for a share of stock that offers a constant growth rate of 10%, requires a 16% rate of return, and is expected to sell for Rs50 one year from now?

A.

Rs. 42.00

B.

Rs. 45.00

C.

Rs. 45.45

D.

Rs. 47.00

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Question # 172

Section A (1 Mark)

……………………is a gift in the form of a single transfer to the same person of several things of which one is and the others are not burdened by an obligation, the done can take nothing by the gift unless he accepts if fully.

A.

Simple gift

B.

English gift

C.

Onerous gift

D.

Universal gift

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Question # 173

Section B (2 Mark)

A dealer sold one January Nifty futures contract for Rs.250,000 on 15th January. Each Nifty futures contract is for delivery of 50 Nifties. On 25th January, the index closed at 5100. How much profit/loss did he make ?

A.

Profit of Rs. 9000

B.

Loss of Rs. 8000

C.

Loss of Rs. 9500

D.

Loss of Rs. 5000

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Question # 174

Section A (1 Mark)

The eligibility Criteria for Self Employed Professionals & Businessman for minimum annual income of the applicant in case of personal loan is:

A.

Rs 55,000

B.

Rs 60,000

C.

Rs 65,000

D.

Rs 58,0000

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Question # 175

Section A (1 Mark)

____________refers to the tendency of people to think of currency in nominal, rather than real terms

A.

Money Illusion

B.

Mental accounting

C.

Escalation of Commitment

D.

Hindsight bias

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Question # 176

Section B (2 Mark)

Nomination in gratuity can be done in favor of

A.

Anybody by the employee

B.

Anybody by the employee, if he does not have a family

C.

Only his family members

D.

2&3 both

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