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

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

For calculating portfolio risk, we need information for which of the following things?

Options:

A.

The weights of each security in the portfolios.


B.

The co-movements between the different securities measured by co-variance.


C.

Both A and B above


D.

None of the above


Expert Solution
Questions # 142:

How many sections are there in Householder’s Insurance Policy?

Options:

A.

15


B.

10


C.

12


D.

14


Expert Solution
Questions # 143:

Stock dividends cause

Options:

A.

The price of a share of stock to rise


B.

The price of a share of stock to fall


C.

The value of the firm to rise


D.

The value of the firm to fall


Expert Solution
Questions # 144:

In the context of Organizational Models of banks in Wealth Management, a model in which Private Banking acts as a peripheral add-on to the core investment banking business is termed as:

Options:

A.

Hybrid


B.

IB dominated


C.

Universal


D.

None of the above


Expert Solution
Questions # 145:

Which of the following statements is/are false?

Question # 145

Options:

A.

Only II


B.

I andIV


C.

Only III


D.

None of the above


Expert Solution
Questions # 146:

_______________ and _______________ mandates are two kinds of service level contracts

Options:

A.

Advisory, Discretionary


B.

Discretionary, Managed


C.

Advisory, Managed


D.

None of the above


Expert Solution
Questions # 147:

Following is/ are the component(s) of Personal Financial Statements

Options:

A.

Cash Flow Statement


B.

Income Statement


C.

Balance Sheet


D.

All of the above


Expert Solution
Questions # 148:

NRIs can purchase KisanVikasPatra

Options:

A.

TRUE


B.

FALSE


Expert Solution
Questions # 149:

If any expenditure is incurred by an Indian company wholly and exclusively for the purpose of amalgamation or demerger, the said expenditure is

Options:

A.

Not allowable as a deduction in computing profits and gains of business or profession


B.

Allowed as a deduction spread over five successive previous year beginning with the previous year in which the amalgamation or demerger takes place


C.

Not deductible but is eligible to be treated as an intangible asset in respect of which depreciation can be claimed


D.

Fully deductible as revenue expenditure in the year in which it is incurred.


Expert Solution
Questions # 150:

Where the return of income is filed after the due date specified u/s 139(1):

Options:

A.

all deductions under Chapter VIA i.e. 80C to 80U will be allowable


B.

all deductions under Chapter VIA i.e. 80C to 80U will not be allowable


C.

all deductions under Chapter VIA i.e. 80C to 80U excepting 80-IA, 80-IAB, 80-IB, 80-IC will be allowable


D.

all deductions under Chapter VIA i.e. 80C to 80U except 80-IA will be allowable


Expert Solution
Questions # 151:

Which of the following assets not included in calculating wealth tax?

Options:

A.

Commercial buildings


B.

Residential


C.

A farm situated 40 km far from local limits of any municipality or a cantonment Board


D.

Any guest house


Expert Solution
Questions # 152:

In Money laundering, a transaction involving cash used to buy high value goods,property or business assets is an example of which stage?

Options:

A.

Layering


B.

Placement


C.

Integration


D.

Confirmation


Expert Solution
Questions # 153:

Which of the following is/are correct?

Question # 153

Options:

A.

Both A and B statements are true


B.

Statement A is true


C.

Statement B is true


D.

Both A and B are not true


Expert Solution
Questions # 154:

Vehicle finance is made cheaper through _________.

Options:

A.

Better insurance cover


B.

Special arrangement with manufacturer


C.

Navigation system in the car


D.

Higher engine capacity


Expert Solution
Questions # 155:

The markets for funds traded in currencies other than the currency of the trading country are referred to as

Options:

A.

off-shore banking centres.


B.

international financial centres.


C.

the world market.


D.

Eurocurrency markets.


Expert Solution
Questions # 156:

What is the time limit for assessment made u/s 16?

Options:

A.

One year


B.

Two years


C.

Five years


D.

No time limit


Expert Solution
Questions # 157:

What is the minimum paid up capital needed to form a public limited company?

Options:

A.

No Minimum requirement


B.

Rs. 100000


C.

Rs. 500000


D.

Rs. 1000000


Expert Solution
Questions # 158:

Minimum number of investors in a scheme should be

Options:

A.

10


B.

15


C.

20


D.

25


Expert Solution
Questions # 159:

Net Interest income is

Options:

A.

Interest earned on advances


B.

Interest earned on investments


C.

Total interest earned on advances and investment


D.

Difference between interest earned and interest paid


Expert Solution
Questions # 160:

Mr. Kashyap took a business premise on lease with the provision that he himself had to pay the insurance premium for fire and other perils on the premises and not the owner of the premises. This would be an instance of_______________ on the part of owner of the premises.

Options:

A.

Risk control


B.

Risk transfer


C.

Risk retention


D.

Risk reduction


Expert Solution
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Viewing questions 141-160 out of questions