Free AAFM CWM_LEVEL_2 Exam Actual Questions

The questions for CWM_LEVEL_2 were last updated On Jan 15, 2025

Question No. 1

Section B (2 Mark)

R acquired shares of G Ltd, on 15/12/1998 for Rs. 5 lakh which were sold on 15/5/2011 for Rs. 18.50 lakh. Expenses of transfer were Rs. 20,000/-. He invests Rs. 6 lakh in the bonds of NHAI on 16/10/2011. Compute the capital gain for the assessment year 2012-13.

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Correct Answer: A

Question No. 2

Section A (1 Mark)

The difference between the cash price and the futures price on the same asset or commodity is known as the

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Correct Answer: B

Question No. 3

Section A (1 Mark)

The Base Year for BSE Realty index is____________

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Correct Answer: A

Question No. 4

Section C (4 Mark)

Read the senario and answer to the question.

Keshav purchased a Health Insurance. The policy has a calendar-year deductible of Rs. 500 and 80:20 as coinsurance. Keshav was hospitalized with a covered illness on January 23rd 2009. This hospitalization was his first claim under the said policy for the calendar year. His covered medical expenses were Rs. 20,500. How much of this amount will the insurer pay and how much will Keshav be required to pay to the Hospital?

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Correct Answer: D

Question No. 5

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 market

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Correct Answer: A