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AAFM India CWM_LEVEL_2 Exam Actual Questions

The questions for CWM_LEVEL_2 were last updated on Sept. 11, 2023.
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  • Viewing questions 1-4 out of 92 questions

Topic 1 - Exam A

Question #1 Topic 1

Conservative retirees likely have ____________ than they did early in their careers.

  • A. More Small-cap Stocks
  • B. More International Stocks
  • C. Fewer Bonds
  • D. More Bonds
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Correct Answer: C 🗳️

Question #2 Topic 1

Which of the following model was issued in double taxation convention on income and capital?

  • A. The OECD Model
  • B. The UN Model
  • C. The FATF Model
  • D. The OPEC Model
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Correct Answer: A 🗳️

Question #3 Topic 1

A bank is considering approving a loan to Sumit Nayyar. Mr. Sumit has Rs. 1,00,000 in the bank right now but generally keeps a balance of Rs. 4,50,000 most of the year. In this fact, what is the aspect of evaluating a consumer loan application most concerned with?

  • A. Character and Purpose
  • B. Income Level
  • C. Deposit Balance
  • D. Employment and Residential Stability
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Correct Answer: B 🗳️

Question #4 Topic 1

Which one of the following leases in commercial real estate requires that the tenant pay a significant share of expenses of operation, as well as all taxes and insurance related to their rental unit?

  • A. Triple Net Lease
  • B. Gross Lease
  • C. Modified Net Lease
  • D. All of the above
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Correct Answer: A 🗳️

Community vote distribution
A (35%)
C (25%)
B (20%)
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