Pass the AAFM Chartered Wealth Manager GLO_CWM_LVL_1 Questions and answers with ExamsMirror

Risk free rate = 6%

Rank the funds based on Jenson Measure in order of best to worst.

What is the present value of the following cash flows,if the Interest rate is 8%

Jaya is the owner of two residential houses. She sold one house on 23-12-2011 for Rs.12,50,000 which was purchased by her on 25-4-1979 for Rs.80,000. The market value of the land as on 1-4-1981 was Rs.98,000. Expenses on transfer were 1.5% of the sale price. The entire sale proceeds was utilized to construct the first and second floor on her second house which she completed by 15-3-2010. Compute the capital gain for the assessment year 2012-13. [CII-12-13: 852,11-12: 785, 10-11:711, 83-84: 116]

How much amount should be invested by Mr. Batra today to get a maturity value of Rs. 90,368.50 after 6 years, if available ROI is 10% and compounding is Quarterly for first 2 years, Half Yearly for next 2 years and Monthly for last 2 years?

Which one of the above statements is/are correct?

The government regulates financial markets for three main reasons:

A bond with a face value of Rs. 1000, returns Rs. 80 in year 1, Rs. 80 in year 2 and Rs. 1080 in year 3. What is the duration of the bond in years?

Which of the following statements is/are not true?

Security A has a standard deviation of 23% and the market has a standard deviation of 18%. The correlation coefficient r between Security A and the market is 0.80. What is the % of the change in Security A can be explained by changes in the market?

A contract is said to be caused by coercion when it is obtained by:

Money kept in current account normally earns

Under the Payment of Gratuity Act, 1972, where the employee employed in a seasonal establishment is deemed to be in continuous service for such period if he actually worked for not less than __________% of the number of days on which the such establishment was in operation during such period.

Which one of the following statements is/are correct?

Under the Workmen Compensation Policy, when the employment injury results in death, the insurance company pays 40 % of the monthly wages of the deceased multiplied by the relevant factor or Rs. _________ whichever is more.

Which one of the above statements is/are incorrect?

Ram born in 1950 has a life expectancy at birth of 65 years. Sita his wife born in 1955 has a life expectancy at birth of 70 years. Assuming that the life expectancies have not changed. Ram is planning to buy an annuity to be paid to him or his wife till anyone of them is alive. Assuming Ram will retire on attaining age 58 i.e. in 2008, what should be the time period of the annuity?

Income received in India in previous year is taxable in the hands of:

An investor investing Rs. 7,282.58 on March 1, 2012 and getting Rs. 10,000 back on February 28, 2017 would have a yield to maturity (YTM) of _____%.

During last five years, Mr. Saxena owned securities that gave the following annual rate of return:

Which is the preferable security as per Geometric mean annual rate of return?

Spread is defined as ___________________.