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CWM_LEVEL_2 – Chartered Wealth Manager (CWM) Certification Level II Examination

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Showing 16–18 of 20 questions

Question 16

Section A (1 Mark)

A bank is considering making a loan to Neil Garg. Neil has bounced three cheques in the last year and already has Rs 1,00,000 on a credit card and an automobile loan with a large balance. What aspect of evaluating a consumer loan application is this fact concerned with?

Select an option, then click Submit answer.

  • ○

    Income level

  • ○

    Deposit balance

  • ○

    Employment and residential stability

  • ○

    Pyramiding of debt


Question 17

Section A (1 Mark)

Which of the following is not a broad category of Alpha drivers?

Select an option, then click Submit answer.

  • ○

    Bulk Beta

  • ○

    Cheap Beta

  • ○

    Long/Short Investing

  • ○

    Concentrated Portfolios


Question 18

Section C (4 Mark)

As a CWM you are required to calculate the tax liability of an individual whose taxable income is:

• $42000 in SGD and he is a Singapore citizen

• £35500 p.a (only employment)and he is a UK citizen

Select an option, then click Submit answer.

  • ○

    £ 7100 and 5880 SGD

  • ○

    £ 14200 and 3570 SGD

  • ○

    £ 17750 and 2310 SGD

  • ○

    £ 7100 and 2310 SGD