CWM_LEVEL_2 exam

Section A (1 Mark) A cognitive heuristic in which decisions are made based on an initial 'anchor__________A . Anchoring and Adjustment BiasB . Ambiguity BiasC . Confirmation biasD . Overconfidence BiasView AnswerAnswer: A

Section B (2 Mark) Mr. Subhash Bansal, a marketing manager is employed with IMFB limited. He took an advance of Rs. 1,20,000 against the salary of Rs. 30,000 per month in the month of March 2007. The gross salary of Mr Bansal for the assessment year 2007-08 shall be:A ....

Section B (2 Mark) Lucy purchased a rental house a few years ago for $100,000. Total depreciation to date is $35,000. In the current year, she sells the house for $155,000 and pays $10,000 selling expenses. Calculate Lucy's gain on the sale.A . $80,000B . $55,000C . $45,000D . $42,000View...

Section C (4 Mark) Read the senario and answer to the question. If Mahesh has the option of 3 funds whose details are as below, find Jensen’s index for fund A, Treynor index for fund B and Sharpe index for the marketA . 0.7%; 2.2; 0.1764B . 0.5%; 2.2; 0.1764C...

Section A (1 Mark) Manav saves Rs. 20,000/- a year for 5 years and Rs. 30,000/- a year for 10 years thereafter. What will be the total amount in his account after 15 years, if ROI is 10 % per annum?A . 784823.87B . 694823.87C . 894823.87D . 794823.87View AnswerAnswer:...

Section A (1 Mark) Rahul deposits Rs. 30,000/- per year, at the end of the year, into an account for 30 years. What amount would be accumulated in that account at the end of 30 years if ROI is 9 % per annum?A . 3498723.56B . 4089226.15C . 2345226.34D ....

Section B (2 Mark) Any income chargeable under the based “Salaries” is exempt from tax under Section 10(6)(viii), if it is received by any non resident individual as remuneration for services rendered in connection with his employment in a foreign ship where his total stay in India does not exceed...

Section A (1 Mark) Which of the following is an investment analysis approach to determine real estate values?A . The cost approachB . The net present value approachC . The comparative sales approachD . The income approachView AnswerAnswer: B

Section B (2 Mark) The current market price of a share of CAT stock is Rs76. If a call option on this stock has a strike price of Rs76, the callA . Is out of the money.B . Is in the money.C . Is at the money.D . A andView...

Section C (4 Mark) Read the senario and answer to the question. Pallavi’s marriage is expected by the end of December, 2010 with an expected present cost of Rs. 24,00,000. He is expected to realize from his Tatanagar Flat 18, 00,000 by that time. Calculate what additional amount is required...