Free AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Exam Questions

Section C (4 Mark)

Pinnacle India Ltd, reported a net profit of Rs1.085 billion on sales of Rs7.425 billion in 1993. The sales/book value ratio in 1993 was approximately 1.2, and the dividend payout ratio was 20%. The book value per share was Rs19 in 1993. The firm is expected to maintain high growth for ten years, after which the growth is expected to drop to 6%, and the dividend payout ratio is expected to increase to 65%. The beta of the stock is 1.05. (The treasury bill rate is 7%.)

Estimate the price/sales ratio for the company.

Section A (1 Mark)

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

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:

Section B (2 Mark)

Which one of the above statements is/are correct?

Section A (1 Mark)

You buy a investment plan by investing Rs. 5000/- per month for first 12years and Rs. 10000/- per month for next 12 years. If the rate of interest is 15% per annum compounded monthly . How much amount would you have after 24 years?

Section B (2 Mark)

Manish is thinking of acquiring some shares of ABC. Ltd. The rate of returns is as follows:

Calculate the variance and the standard deviation

Section B (2 Mark)

If an investor strongly believes that the stock market is going to have a sharp decline shortly, he or she could maximize profit by

Section A (1 Mark)

Investments that are difficult to convert to cash are said to have _________

Section B (2 Mark)

As per Double Taxation Avoidance Agreement, the Royalties in UK is charged at:

Section A (1 Mark)

A zero-investment portfolio with a positive expected return arises when _________.

Section A (1 Mark)

An example of a highly cyclical industry is ________.

Section C (4 Mark)

Read the senario and answer to the question.

Calculate income from House property for Mr. Keshav for assessment year 2010-11.

Section A (1 Mark)

In which year can the subscriber to a PPF account take the first loan from the opening of the account?

Section A (1 Mark)

____________represents people's propensity to claim an irrational degree of credit for their successes.

Section A (1 Mark)

The premium on all other riders put together should not exceed _____ of the premium on the base policy