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

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Question # 41

Section C (4 Mark)

Azhar deposits Rs. 12,500 in an account that pays a ROI of 20% p.a compounded annually on 5th. Of March 2010. Calculate the date on which the balance in his account would be Rs.35,338/-

A.

15thNovember 2015

B.

15th August 2015

C.

25th November 2015

D.

15th August 2016

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Question # 42

Section B (2 Mark)

The basic rate of income tax on non-savings incomein UK for tax year in 2011-12 is:

A.

20%

B.

10%

C.

40%

D.

50%

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Question # 43

Section A (1 Mark)

Deduction u/s 80U in case of permanent physical disability (including blindness) allowed to:

A.

an individual who is citizen of India

B.

an individual who is resident in India

C.

any individual assessed

D.

None of These

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Question # 44

Section A (1 Mark)

Holistic advisory services which cater to specific client segments such as entrepreneurs, professionals are known as_______________.

A.

Universal Banks

B.

Family Office

C.

Global Investment Banks

D.

Wealth management Specialists

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Question # 45

Section A (1 Mark)

The organizations make their special offer to the customers who will provide the highest profit margins, greatest response rate and __________.

A.

Lowest revenue

B.

Greatest cost

C.

Lowest cost

D.

None of the given options

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Question # 46

Section A (1 Mark)

In Working Capital Finance, what should be the minimum current ratio the borrower needs to ensure the compliance under the first method of lending.

A.

1.50:1

B.

1.33:1

C.

1.17:1

D.

1.25:1

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Question # 47

Section A (1 Mark)

One of the tax exemption under avoidance of Double Taxation is U/S Sec 10(6)(ii) for exemption on income received by the diplomats, ambassador, etc

A.

TRUE

B.

FALSE

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Question # 48

Section A (1 Mark)

The critical variable in the determination of the success of the active portfolio is ________.

A.

Alpha/systematic risk

B.

Alpha/nonsystematic risk

C.

Gamma/systematic risk

D.

Gamma/nonsystematic risk

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