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Chartered Wealth Manager (CWM) Global Examination

Last Update 22 hours ago Total Questions : 1057

The Chartered Wealth Manager (CWM) Global Examination content is now fully updated, with all current exam questions added 22 hours ago. Deciding to include GLO_CWM_LVL_1 practice exam questions in your study plan goes far beyond basic test preparation.

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Question # 81

You bought a stock for Rs. 20 and sold it for Rs. 59.72 after six years. What was the annual rate of return?

A.

18%

B.

16%

C.

21%

D.

20%

Question # 82

Mr. Shivam Sharma expects to receive Rs 25000 in net receipts each year for five year and to sell the property for Rs 350,000 at the end of the five-year period, if Mr. Sharma expects a 15% return, what would be the value of the property?

A.

Rs. 3,25,000

B.

Rs. 2,57,818

C.

Rs. 2,60,000

D.

Rs. 2,60,000

Question # 83

Broker dealer model is more prevalent in

A.

North America

B.

Middle East

C.

Latin America

D.

Europe

Question # 84

Which of the following are investment intermediaries?

A.

Finance companies

B.

Mutual funds

C.

Pension funds

D.

Only (A) and (B) of the above

Question # 85

Lokesh purchased a flat on 1-4-1996 for Rs. 10,00,000/-. He sells the same flat on 1-10-2006 for Rs. 25,00,000/-.As a CWM® calculate the Indexed Cost of Acquisition on which capital gain would be calculated. (The CII of year 1995-96 is 281, for year 1996-97 is 305, for year 2005-06 is 497 and for year 2006-07 is 519).

A.

17,01,639

B.

18,46,975

C.

17,68,683

D.

16,29,508

Question # 86

Jignesh is 23 years old and plans to retire at 60. His life expectancy is 70 years. You being his CWM® estimate that his client will require Rs. 40,000/- in the first month after retirement. Inflation rate is 5% p.a. and the rate of return is 7% p.a. Currently Jignesh has investment of Rs. 50,000/- @ 7% rate of interest. What will be the extra savings per month at begin required in order to achieve this?

A.

Rs. 1,781/-

B.

Rs. 1,795/-

C.

Rs. 1,775/-

D.

Rs. 1,765/-

Question # 87

A doctor has taken a professional indemnity Policy on 01/06/2003 and has been continuously renewing it. In August, 2006 he operated on an infant child. But that operation failed. The parent of child filed a law suit against doctor in Sept, 2006. Which of the following statement is true in respect of the claim?

A.

As the Professional indemnity policy was taken on 01/06/2003 and it has been regularly renewed since then, and was in force during the occurrence of claim, the doctor will be reimbursed under the Policy.

B.

As the Professional indemnity policy was taken on 01/06/2003 and claim has arose on August, 2006, so the doctor will not be reimbursed under the Policy.

C.

As the operation has failed, so the doctor has to pay the compensation.

D.

A profession indemnity policy does not include claims under failure of operation.

Question # 88

Balance on current account + balance of capital account + balance on reserves account is equal to ___________

A.

0

B.

100

C.

1000

D.

None of the above

Question # 89

An investment having market value of Rs. 100 lakhs in the beginning of 2007, a Rs. 200 lakhs value at the end of 2007, and a Rs. 100 lakhs value at the at the end of 2008. Calculate the arithmetic return and time-weighted return?

A.

-0.50 %, -0.025%

B.

25%, 0%

C.

0.025%, 0.50%

D.

–0.05%, -0.0025%

Question # 90

Which of the following is/are the desirable contents of a will?

A.

I ,II and III

B.

II , III and IV

C.

I, III and IV

D.

All of these

Question # 91

Dividend per share of Books Ltd. is 2 and required rate of return is 10%. Calculate the value of share of Books Ltd.

A.

5

B.

10

C.

20

D.

50

Question # 92

Which of the following is/are the incorrect pairing in the history of exchange rate regime?

A.

A and B

B.

Only B

C.

Only C

D.

A and C

Question # 93

A money back policy for SA of Rs. 100000/-. Matured after 25 years. Survival benefits of 15% each has been paid at the end of 5th , 10th, 15th, and 20th years. Bonus has accrued at Rs. 965/- per Rs. 1000 SA. Interim bonus @ Rs. 25/- per thousand SA is payable. What is the maturity claim amount?

A.

139000

B.

136500

C.

99000

D.

96500

Question # 94

EDLI is applicable to all establishments which

A.

Employ 20 or more person and are engaged in 180 specified industries

B.

Co-operative society employing more than 50 persons without the aid of power

C.

Want to come under voluntarily

D.

All of the above

Question # 95

The risk free return of Security A is 8%. In addition to it, you expect that the return on market would be 14%. The expected return of Security A with beta of 0.70 is ________.

A.

12.2%.

B.

15.4%.

C.

17.8%.

D.

18.2%.

Question # 96

Mr. Bharat sees a stock with a beta of 1.2 selling for Rs. 25 and price will move up to Rs. 31 by the end of the year. The risk free rate is 6% and the expected market return is 15 %. In this scenario Mr. Bharat would like to know whether the stock is _____________ and so should ___________.

A.

Overpriced, buy it.

B.

Overpriced, sell it.

C.

Under priced, buy it.

D.

Under priced, sell it.

Question # 97

If a Rs. 100 par value preferred stock pays an annual dividend of Rs. 5 and comparable yields are 10 percent, the price of this preferred stock will be

A.

Rs. 100

B.

Rs. 75

C.

Rs. 50

D.

Rs. 25

Question # 98

The relevant banking ombudsman for filing a complain regarding credit card with central processing is the one under whose jurisdiction __________.

A.

The head office of the bank falls

B.

The central processing center of the bank falls

C.

The nearest bank branch falls

D.

None of the above

Question # 99

A maximum of _____% of the issue would be allotted to one single QIB

A.

10

B.

25

C.

50

D.

75

Question # 100

You are given the following set of data:

Historical Rate of Return

Determine the arithmetic average rates of return and standard deviation of returns of the NSE over the period given.

A.

14.25%, 23.75%

B.

12.10%, 22.62%

C.

15.63%, 27.63%

D.

16.74%, 29.74%

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