Free AAFM CWM_LEVEL_2 Practice Test & Real Exam Questions
Section B (2 Mark)
Mr. Aggarwal is working in a reputed company and earning Rs. 4,50,000/- p.a. and is now 55 years old. He has invested Rs. 2,00,000/- in an annuity which will pay him after 5 years a certain amount p.a. at the beginning of every year for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the beginning of every year after 5 years?
Mr. Aggarwal is working in a reputed company and earning Rs. 4,50,000/- p.a. and is now 55 years old. He has invested Rs. 2,00,000/- in an annuity which will pay him after 5 years a certain amount p.a. at the beginning of every year for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the beginning of every year after 5 years?
Correct Answer: B
Vote an answer
Section A (1 Mark)
Which of the following is true regarding the resistance level?
Which of the following is true regarding the resistance level?
Correct Answer: D
Vote an answer
Section B (2 Mark)
Mansi needs Rs. 25,000/-, 5 years from now. She would like to make equal payments at the Begin of each year from now onwards into an account that yields annual ROI @ 7 % per annum. What should be her annual payments?
Mansi needs Rs. 25,000/-, 5 years from now. She would like to make equal payments at the Begin of each year from now onwards into an account that yields annual ROI @ 7 % per annum. What should be her annual payments?
Correct Answer: A
Vote an answer
Section B (2 Mark)
It was unconstitutional for the U.S. government to levy an income tax before the passage of which amendment?
It was unconstitutional for the U.S. government to levy an income tax before the passage of which amendment?
Correct Answer: D
Vote an answer
Section A (1 Mark)
The basic competitive factors facing industries include all of the following except:
The basic competitive factors facing industries include all of the following except:
Correct Answer: D
Vote an answer
Section A (1 Mark)
Accumulation, preservation and distribution are stages of
Accumulation, preservation and distribution are stages of
Correct Answer: B
Vote an answer
Section A (1 Mark)
______________is a risk whenever a decision maker commits resources to a course of action (thereby making an "investment") in the hope of achieving a positive outcome and experiences disappointing results
______________is a risk whenever a decision maker commits resources to a course of action (thereby making an "investment") in the hope of achieving a positive outcome and experiences disappointing results
Correct Answer: C
Vote an answer
Section A (1 Mark)
An arbitrage opportunity exists if an investor can construct a __________ investment portfolio that will yield a sure profit.
An arbitrage opportunity exists if an investor can construct a __________ investment portfolio that will yield a sure profit.
Correct Answer: A
Vote an answer
Section A (1 Mark)
The concept of designing marketing communication programs that coordinate all promotional activities to provide a consistent message across all audiences is called
The concept of designing marketing communication programs that coordinate all promotional activities to provide a consistent message across all audiences is called
Correct Answer: B
Vote an answer
Section A (1 Mark)
Technical analysis reflects the idea that stock prices
Technical analysis reflects the idea that stock prices
Correct Answer: B
Vote an answer
Section A (1 Mark)
To try to develop a property's competitive edge, an investor should consider which of the following?
To try to develop a property's competitive edge, an investor should consider which of the following?
Correct Answer: C
Vote an answer
Section A (1 Mark)
_____________ is the transfer of the balance of an existing home loan that you availed at a higher rate of interest (ROI) to either the same HFC or another HFC at the current ROI a lower rate of interest.
_____________ is the transfer of the balance of an existing home loan that you availed at a higher rate of interest (ROI) to either the same HFC or another HFC at the current ROI a lower rate of interest.
Correct Answer: C
Vote an answer
Section A (1 Mark)
Another name for open-end credit is:
Another name for open-end credit is:
Correct Answer: B
Vote an answer
Section B (2 Mark)
In UK, which of the following types of income is not specifically exempt from income tax?
In UK, which of the following types of income is not specifically exempt from income tax?
Correct Answer: A
Vote an answer
Section A (1 Mark)
______________are bonds issued by governments that pledge their "full faith and credit," including tax revenues, to repayment in US.
______________are bonds issued by governments that pledge their "full faith and credit," including tax revenues, to repayment in US.
Correct Answer: D
Vote an answer
