Free AAFM CWM_LEVEL_2 Exam Questions
Absolute Free CWM_LEVEL_2 Exam Practice for Comprehensive Preparation
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AAFM CWM_LEVEL_2 Exam Questions
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Provided By: AAFM
- Exam: Chartered Wealth Manager (CWM) Certification Level II Examination
- Certification: Chartered Wealth Manager
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Total Questions: 1265
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Updated On: Jan 15, 2026
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Rated: 4.9 |
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Online Users: 2530
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Question 1
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Section B (2 Mark)A bond has a market value of Rs100,000 and a duration of 9.42. What is the price value of a basis point?
Answer: A
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Question 2
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Non-Resident (NR) is __________on Indian Income and ___________on Foreign Income.
Answer: B
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Non-Resident (NR) is __________on Indian Income and ___________on Foreign Income.
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Question 3
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Section B (2 Mark)NRIs are granted a special benefit by way of an option of being taxed at concessional tax rate of ________ as regards 'investment income' and _______ as regards 'long term capital gains' arising from 'specified assets.
Answer: B
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Question 4
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Section C (4 Mark)Mr. Peter sells a Nifty Put option with a strike price of Rs. 4000 at a premium of Rs. 21.45 and buys a further OTM Nifty Put option with a strike price Rs. 3800 at a premium of Rs. 3.00 when the current Nifty is at 4191.10, with both options expiring on 31st July.What would be the Net Payoff of the Strategy?* If Nifty closes at 3800* If Nifty closes at 4500
Answer: D
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Question 5
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Section B (2 Mark)___________, the net profit margin realized by the enterprise from an international transaction entered into with an associated enterprise is computed in relation to cost incurred or sales affected or assets employed or to be employed in the enterprise or having regard to any relevant base.
Answer: A
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