CWM_LEVEL_2 exam

Section A (1 Mark) Mansi deposits Rs. 50,000/- in a bank account which pays interest @ 10 % per annum. How much can be withdrawn at the beginning of each year for 5 years if first withdrawal is 6 years from now?A . 20242.42B . 22242.42C . 31242.42D . 21242.42View...

Section A (1 Mark) A muslim gentleman can leave his will, bequeathing all his properties to someone often than his legal heirs to the extent of…………….A . His wishB . A small portionC . One thirdD . One halfView AnswerAnswer: C

Section A (1 Mark) For claiming exemption u/s 54G, the assessed shall acquire the new asset within:A . 2 years from the date of transferB . 3 years from the date of transferC . one year before or 2 years after the date of transferD . one year before or...

Section A (1 Mark) Mansi has deposited Rs. 7,00,000/- in a bank today @ ROI of 10 % per annum compounded monthly. She wants to know that if she withdraws this money in monthly installments at the END of the month for 7 years, then how much will be the...

Section A (1 Mark) In a short call, profit isA . UnlimitedB . Limited to premiumC . Premium Plus Market Price minus exercise priceD . Premium minus exercise priceView AnswerAnswer: B

Section B (2 Mark) Asset allocation policy A . I and IIB . I and IIIC . II and IIID . None of the aboveView AnswerAnswer: D

Section A (1 Mark) Conclusions about technical analysis suggest that:A . It is difficult to justify technical analysisB . It has been found to be completely deficientC . Stock price movements repeat themselves constantlyD . There is complete agreement about the interpretation of technical signalsView AnswerAnswer: A

Section A (1 Mark) The investors who buy the debt of troubled companies including subordinated debt, junk bonds, bank loans, and obligations to suppliers are called__________A . Vulture InvestorsB . Angel InvestorsC . Seed InvestorsD . None of the AboveView AnswerAnswer: A

Section B (2 Mark) Which of the following statements is most correct?A . If a company increases its current liabilities by Rs1,000 and simultaneously increases its inventories by Rs1,000, its current ratio must rise.B . If a company increases its current liabilities by Rs1,000 and simultaneously increases its inventories by...

Section C (4 Mark) Dab Ltd manufactures, markets, and services automated teller machines. The following are selected numbers from the financial statements for 1992 and 1993 (in millions): The firm had capital expenditures of Rs15 million in 1992 and Rs18 million in 1993. The working capital in 1991 was Rs180...