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CWM_LEVEL_2 Exam Dumps : Chartered Wealth Manager (CWM) Certification Level II Examination

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

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Question 1

Section A (1 Mark)

Loans to individuals and families to finance the purchase of new homes are known as:

Options:

A.

Non installment loans

B.

Installment loans

C.

Residential mortgage loans

D.

Nonresidential cash loans

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Question 2

Section B (2 Mark)

A Family consists of karta, his wife four sons and their wires and children and its income is Rs. 1000000 if by family arrangement income yield property is settled on karta his wife and sons & daughter in law than tax liability would be

Options:

A.

Nil

B.

100000

C.

Calculated as per income tax Act 1961

D.

None of the above

Question 3

Section B (2 Mark)

If the commodity’s futures price declines

Options:

A.

I and III

B.

I and IV

C.

II and III

D.

II and IV

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