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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)

Amount of liability of payment of gratuity is calculated at the rate of

Options:

A.

One month’s wage for each completed year of service

B.

20days wages for each completed year of service

C.

Half a month’s wage for each completed year of service

D.

15 day’s wage for each completed year of service

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Question 2

Section A (1 Mark)

Fiscal termites are factors that threaten the integrity of tax systems, and most of which relate to the internationalization of tax. These are:

Options:

A.

I, II and III

B.

III and IV

C.

I, II and IV

D.

All of the above

Question 3

Section C (4 Mark)

Suppose Nifty is at 4450 on 27th April. An investor, Mr. A enters a long straddle by buying a May Rs 4500 Nifty Put for Rs. 85 and a May Rs. 4500 Nifty Call for Rs. 122.

What would be the Net Payoff of the Strategy?

• If Nifty closes at 3729

• If Nifty closes at 5214

Options:

A.

457 and -547

B.

343 and 580

C.

-107 and 547

D.

564 and 507

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