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Selected CWM_LEVEL_2 Chartered Wealth Manager Questions Answers

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Question 108

Section A (1 Mark)

__________ is the symptom of poor listening.

Options:

A.

Listening Germinates Receptivity

B.

Use correct level of language

C.

Resist distractions

D.

Eradicating details

Question 109

Section B (2 Mark)

Mr. Aggarwal is working in a reputed company and earning Rs. 4,50,000/- p.a. and is now 55 years old. He has invested Rs. 2,00,000/- in an annuity which will pay him after 5 years a certain amount p.a. at the beginning of every year for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the beginning of every year after 5 years?

Options:

A.

39747

B.

283866

C.

40551

D.

293866

Question 110

Section C (4 Mark)

Read the senario and answer to the question.

Mr. Bhaitia will continue to invest Rs. 10,000 in his PPF a/c at the beginning of each year till his retirement. Then calculate how much he has to save extra at the end of per month in a scheme to achieve his retirement corpus with a yield of 10%?

Options:

A.

Rs. 4507

B.

Rs. 3714

C.

Rs. 3745

D.

Rs. 5567

Question 111

Section B (2 Mark)

Major phases of budgeting process are:

Options:

A.

Assessing Current situation and recommendation of products

B.

Recommendation of products and Planning Financial direction

C.

Assessing current situation and planning financial direction

D.

None of the above

Page: 27 / 46
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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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