Chartered Wealth Manager® (CWM®) Certification Level II Examination
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93 questions in this view
Section B (2 Mark)
Mrs. Sharma, a 40-year-old widow, has an 8-year-old son. Her current savings are not adequate to provide for her son post-graduate studies, however, she will be able to save for it by the time he finishes graduation i.e. when he is 20 years old. Mortality tables indicate that her life expectancy is another 30 years.
Which one of the following is true?
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Section B (2 Mark)
Manav invests Rs. 500 every 6 months towards a fund to pay for his children's education. If the investment pays ROI @9% per annum, compounded semi-annually, then what will be the corpus after 10 years?
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Section B (2 Mark)
After the expiry of specified period of 2 years/3 years, the unutilized amount remained in the capital gains account scheme will be taxed as income by way of _____________ in the year in which the specified period of 2 years/3 years gets over.
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Section B (2 Mark)
According to the semi-strong form of the EMH, investors who invest in a stock after a highly positive announcement concerning the stock can expect to earn a(n)
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Section B (2 Mark)
Which of the following is a reasonable assumption to make about the understanding of a client on the Wealth Planning process?
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Section B (2 Mark)
The Motor Vehicle Insurance Policy has inbuilt cover for death/disability of driver/owner caused by accident during the use of the insured motor vehicle up to Rs. __________ in case of car/commercial vehicle and Rs. _________ in case of two wheelers.
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