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Free AAFM CWM_LEVEL_2 Exam Questions

Absolute Free CWM_LEVEL_2 Exam Practice for Comprehensive Preparation 

  • AAFM CWM_LEVEL_2 Exam Questions
  • Provided By: AAFM
  • Exam: Chartered Wealth Manager (CWM) Certification Level II Examination
  • Certification: Chartered Wealth Manager
  • Total Questions: 1265
  • Updated On: Mar 26, 2025
  • Rated: 4.9 |
  • Online Users: 2530
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  • Question 1
    • Section A (1 Mark)
      If the deceased has two widows, four sons and two daughters then what is the share of each widow

      Answer: D
  • Question 2
    • Section A (1 Mark)
      Conflict of interest should be discussed in ________

      Answer: C
  • Question 3
    • Section B (2 Mark)
      Mr. Manish purchased a residential house for Rs.3 lakh on 1-4-1972. Its market value on 1-4-1981 was, however, Rs.12 lakh. He sells the house during the financial year 2011-12 for Rs.98 lakh. Calculate the taxable long term capital gain.[CII-12-13: 852,11-12: 785,10-11:711]

      Answer: C
  • Question 4
    • Section A (1 Mark)
      ____________ may be responsible for the prevalence of active versus passive investments management.

      Answer: B
  • Question 5
    • Section A (1 Mark)
      Which of the following is/are correct?

      1

      Answer: B
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