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CWM_LEVEL_2 Reviews Questions

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Question 124

Section A (1 Mark)

A testator sometimes make two wills one relating to his property in his native country and other relating to his property in some foreign country this type of will is called

Options:

A.

Duplicate will

B.

Sham will

C.

Holograph will

D.

Concurrent will

Question 125

Section A (1 Mark)

A type of CRM Dominant characteristic which applies technology across organizational boundaries with a view to optimizing company, partner and customer value is known as_______________.

Options:

A.

Strategic

B.

Operational

C.

Analytical

D.

Collaborative

Question 126

Section A (1 Mark)

_______________ is concerned with capturing, storing, extracting, integrating, processing, interpreting, distributing, using and reporting customer-related data to enhance both customer and company value.

Options:

A.

Strategic

B.

Operational

C.

Analytical

D.

Collaborative

Question 127

Section B (2 Mark)

Mrs. Dikshit is a single, sixty-five year old with a modest lifestyle and no income beyond what her investment portfolio of Rs1,00,00,000 generates. Her primary investment goal is to not outlive her assets; she does not, under any circumstances, want to lose money because she recalls that her relatives lost money in the crash of 2000. Mrs. Dikshit exhibits these behavioral biases:

Options:

A.

loss aversion and anchoring and adjustment

B.

Representative bias

C.

Framing bias

D.

Availability bias

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Exam Code: CWM_LEVEL_2
Exam Name: Chartered Wealth Manager (CWM) Certification Level II Examination
Last Update: Apr 24, 2024
Questions: 1259
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