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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 B (2 Mark)

A typical personal accident policy would normally have provisions to pay

Options:

A.

2% of the sum assured per week up to a maximum of 52 weeks

B.

1% of the sum assured per week up to a maximum of 104 weeks

C.

1.5% of the sum assured per week up to a maximum of 48 weeks

D.

1% of the sum assured per week up to a maximum of 104 weeks

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Question 2

Section A (1 Mark)

A dividend paid by a company which is a resident of India to a resident of the United Kingdom may also be taxed in India but the Indian tax so charged shall not exceed __________per cent of the gross amount of the dividend.

Options:

A.

10

B.

15

C.

12

D.

20

Question 3

Section A (1 Mark)

According to Prospect Theory, investors are more concerned with changes in wealth than in returns. Prospect Theory suggests that investors:

Options:

A.

Are Risk Averse

B.

Can be loss averse

C.

Place more value on gains than on losses of equal than on losses of equal magnitude

D.

None of these

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