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AAFM India



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Certification Provider: AAFM India
Exam: Chartered Wealth Manager (CWM) Certification Level II Examination
Duration: 2 Hours
Number of questions in the database: 92
Exam Version:  2023
Exam Topics:
  • Topic 1: Exam A

    Topic 1 - Exam A

    Question #1Topic 1

    Conservative retirees likely have ____________ than they did early in their careers.

    • A. More Small-cap Stocks
    • B. More International Stocks
    • C. Fewer Bonds
    • D. More Bonds

    Correct Answer: C 

    Question #2Topic 1

    Which of the following model was issued in double taxation convention on income and capital?

    • A. The OECD Model
    • B. The UN Model
    • C. The FATF Model
    • D. The OPEC Model

    Correct Answer: A 

    Question #3Topic 1

    A bank is considering approving a loan to Sumit Nayyar. Mr. Sumit has Rs. 1,00,000 in the bank right now but generally keeps a balance of Rs. 4,50,000 most of the year. In this fact, what is the aspect of evaluating a consumer loan application most concerned with?

    • A. Character and Purpose
    • B. Income Level
    • C. Deposit Balance
    • D. Employment and Residential Stability

    Correct Answer: B 

    Question #4Topic 1

    Which one of the following leases in commercial real estate requires that the tenant pay a significant share of expenses of operation, as well as all taxes and insurance related to their rental unit?

    • A. Triple Net Lease
    • B. Gross Lease
    • C. Modified Net Lease
    • D. All of the above

    Correct Answer: A 

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