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

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Viewing page 8 out of 16 pages
Viewing questions 141-160 out of questions
Questions # 141:

The minimum capital that a private limited company needs to commence business is:

Options:

A.

5 lacs.

B.

4 lacs.

C.

1 lac.

D.

10 lacs.

Questions # 142:

Urban land means land situated within the jurisdiction of local authority which has a population of not less than …………………. as per last ensure

Options:

A.

500

B.

1000

C.

5000

D.

10000

Questions # 143:

ln which of the following conditions the lease can be terminated

Options:

A.

Efflux of time

B.

On termination of less0r’s interest or power

C.

On merger

D.

All the above

Questions # 144:

Which of the following statement(s) is /are true about financial risk?

Question # 144

Options:

A.

I and II

B.

II and III

C.

I and III

D.

All of the above

Questions # 145:

________ & ________ are functions of IMF

Options:

A.

Surveillance, Technical assistance

B.

Financial Assistance, improving living standards

C.

Surveillance, United nations development business

D.

None of the above

Questions # 146:

The operatives Guidelines for Banks on Mobile Transactions in India were issued

Options:

A.

2008

B.

2009

C.

2010

D.

2011

Questions # 147:

Recurring expenses are the lowest for:

Options:

A.

Index fund

B.

ELSS

C.

Floating rate debt fund

D.

Arbitrage fund

Questions # 148:

Income which accrue or arise outside India from a business controlled from India is taxable in case of:

Options:

A.

Resident only

B.

Not ordinarily resident only

C.

Both ordinarily resident and not ordinarily resident

D.

Non resident

Questions # 149:

Under flexible exchange rates a small open economy should

Options:

A.

lose control of its monetary policy

B.

be insulated from its trading partners' inflation

C.

tend to experience the inflation of its trading partners

D.

find that changes in its interest rates match changes in its trading partner's interest rates

Questions # 150:

Scholarship received by a student was Rs. 2,000 per month. He spends Rs. 15,000 for meeting the cost of education during the year. The treatment for the balance amount Rs. 9,000 is:

Options:

A.

Taxable

B.

A casual income

C.

Exempt

D.

None of the above

Questions # 151:

Open-ended funds have

Options:

A.

Units for purchase and sell on a daily basis

B.

have unit capital which is fixed

C.

A fixed maturity

D.

a price that is at a discount to NAV

Questions # 152:

If an investment has a correlation coefficient of 0.80 with the market, which of the following performance measures is the best measure of risks?

Options:

A.

Jensen.

B.

Sharpe & Jensen.

C.

Sharpe.

D.

Treynor.

Questions # 153:

The person making the proposal is called

Options:

A.

Promisee

B.

Promise

C.

Promisor

D.

None of the above

Questions # 154:

Which is/are marketable financial products?

Options:

A.

Bank Deposits

B.

KisanVikasPatra

C.

Certificate of Deposits

D.

None of the above

Questions # 155:

Minimum number of independent directors on the board of asset Management Company is

Options:

A.

50%

B.

60%

C.

75%

D.

66.67%

Questions # 156:

As per Hindu succession Act

Options:

A.

Full blood relations are preferred over half blood relations

B.

Cognate heirs are preferred over agnate heirs

C.

Both of the above are correct

D.

None of the above are correct

Questions # 157:

The holding period return on a stock is equal to __________.

Options:

A.

The capital gain yield over the period plus the inflation rate

B.

The capital gain yield over the period plus the dividend yield

C.

The current yield plus the dividend yield

D.

The dividend yield plus the risk premium

Questions # 158:

Fixed Annuity and Variable Annuity respectively provide:

Options:

A.

Un Guaranteed returns & Guaranteed returns

B.

Guaranteed Returns &Very Low Returns

C.

Very low returns and Unguaranteed Returns

D.

None of the above

Questions # 159:

When there are more than one trustees for a trust the execution can be done by a single trustee instead of jointly

Options:

A.

TRUE

B.

FALSE

Questions # 160:

Under which of the following steps does the wealth manager develops a SWOT chart for the client

Options:

A.

Identifying Goals and Objectives

B.

Identifying and Clarifying the Current Situation

C.

Developing a Wealth Management Plan

D.

Analyzing Financial Issues

Viewing page 8 out of 16 pages
Viewing questions 141-160 out of questions
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