Free AAFM CWM_LEVEL_2 Exam Questions
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AAFM CWM_LEVEL_2 Exam Questions
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Provided By: AAFM
- Exam: Chartered Wealth Manager (CWM) Certification Level II Examination
- Certification: Chartered Wealth Manager
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Total Questions: 1265
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Updated On: Apr 27, 2025
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Rated: 4.9 |
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Online Users: 2530
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Question 1
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Section C (4 Mark)Mr. Peter sells a Nifty Put option with a strike price of Rs. 4000 at a premium of Rs. 21.45 and buys a further OTM Nifty Put option with a strike price Rs. 3800 at a premium of Rs. 3.00 when the current Nifty is at 4191.10, with both options expiring on 31st July.What would be the Net Payoff of the Strategy?* If Nifty closes at 3800* If Nifty closes at 4500
Answer: D
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Question 2
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Non-Resident (NR) is __________on Indian Income and ___________on Foreign Income.
Answer: B
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Non-Resident (NR) is __________on Indian Income and ___________on Foreign Income.
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Question 3
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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?
Answer: D
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Question 4
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Section A (1 Mark)When loans are securitized they are passed on to a ____________who pools the loans and sells securities.
Answer: C
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Question 5
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Section A (1 Mark)What would be the tax liability if tea and snacks are provided in the office after office hours?
Answer: B
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