AAFM CWM_LEVEL_2 practice materials Questions Answers
Exam Code:
CWM_LEVEL_2
Exam Name:
Chartered Wealth Manager (CWM) Certification Level II Examination Exam
Last Update:
Jun 01,2026
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AAFM CWM_LEVEL_2 Questions for Chartered Wealth Manager Certification Exam 2026
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Chartered Wealth Manager (CWM) Certification Level II Examination Exam CWM_LEVEL_2 practice questions with explanations
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Total Questions: 1259
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Section C (4 Mark)NCH Corporation, which markets cleaning chemicals, insecticides and other products, paid dividends of Rs2.00 per share in 1993 on earnings of Rs4.00 per share. The book value of equity per share was Rs40.00, and earnings are expected to grow 6% a year in the long term. The stock has a beta of 0.85, and sells for Rs60 per share. (The treasury bond rate is 7%.)Based upon these inputs, estimate the price/book value ratio for NCH and How much would the return on equity have to increase to justify the price/book value ratio at which NCH sells for currently?
Answer: B Next Question -
Section A (1 Mark)Liquid assets comprise
Answer: D Next Question -
Section A (1 Mark)Independent Individualist has __________ risk tolerance
Answer: C Next Question -
Section C (4 Mark)Read the senario and answer to the question.Nimita wants to know if she were to meet with an accident and get permanent disability in the third year of her Term Insurance policy, what amount of the premium due in the fourth year would be payable by her if the premium being paid towards the policy is Rs. 15,000 with sum assured of Rs. 50 lakh?
Answer: A Next Question -
Section C (4 Mark)Read the senario and answer to the question.Mr. Mehta buys machinery for Rs. 80000 which is to be replaced after a period of two years. The replacement cost at that time will be Rs. 90000. As a Chartered Wealth Manager advice Mr. Mehta now what he should do after two year for the replacement of the said machinery?
Answer: A Next Question -
Section A (1 Mark)If an investor searches for patterns in security returns by examining various techniques applied to a set of data, this is known as:
Answer: C Next Question -
Section B (2 Mark)Total income for assessment year 2012-13 of an individual including long-term capital gain of Rs. 60,000/- is Rs. 1,80,000/-. The tax on total income shall be: [CII-12-13: 852,11-12: 785,10-11:711]
Answer: B Next Question -
Section B (2 Mark)A typical personal accident policy would normally have provisions to pay
Answer: B Next Question -
Section C (4 Mark)Read the senario and answer to the question.If Mr. Mehta is paying interest rate 12%p.a on his housing loan and 10% p.a. on car loans, in how many months would he pay off his housing loan and car loan?
Answer: B Next Question -
Section A (1 Mark)A document which is used to hand over the legal powers to sign on legal documents pertaining to the property to someone other than the owner is called_____________
Answer: C Next Question
Total Questions: 1259
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