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AAFM CWM_LEVEL_2 Exam With Confidence Using Practice Dumps

Exam Code:
CWM_LEVEL_2
Exam Name:
Chartered Wealth Manager (CWM) Certification Level II Examination
Certification:
Chartered Wealth Manager
Vendor:
AAFM
Questions:
1259
Last Updated:
Apr 16, 2026
Exam Status:
Stable
AAFM CWM_LEVEL_2

CWM_LEVEL_2: Chartered Wealth Manager Exam 2025 Study Guide Pdf and Test Engine

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Chartered Wealth Manager (CWM) Certification Level II Examination Questions and Answers

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Question 1

Section C (4 Mark)

Read the senario and answer to the question.

Keshav purchased a Health Insurance. The policy has a calendar-year deductible of Rs. 500 and 80:20 as coinsurance. Keshav was hospitalized with a covered illness on January 23rd 2009. This hospitalization was his first claim under the said policy for the calendar year. His covered medical expenses were Rs. 20,500. How much of this amount will the insurer pay and how much will Keshav be required to pay to the Hospital?

Options:

A.

The insurer will pay Rs. 16,500 and Keshav will pay Rs. 3,500

B.

The insurer will pay Rs. 20,500 and Keshav will pay Rs. Nil

C.

The insurer will pay Rs. 15,500 and Keshav will pay Rs. 4,500

D.

The insurer will pay Rs. 20,000 and Keshav will pay Rs. 500

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Question 2

Section A (1 Mark)

Following is not a head of income

Options:

A.

Income from interest on securities

B.

Capital Gains

C.

Income from House Property

D.

Salaries

Question 3

Section B (2 Mark)

An employee joined in the year 2000 in a sugar mill. After working all the years as a seasonal employee up to the year 2011. He retires with the following monthly salary

How much gratuity is payable to him?

Options:

A.

Rs 11308

B.

Rs 9692

C.

Rs 8885

D.

Rs 20769

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