Online Access Free CWM_LEVEL_2 Exam Questions

Section C (4 Mark)
Consider the following information for three mutual funds

Risk free return is 7%. Calculate Treynor measure?

• A.4.35, 7.78, 4.35
• B.3.75, 7.85, 5.78
• C.3.25, 6.78, 4.65
• D.4.55, 8.89, 5.83

Section B (2 Mark)
PPF is a

• A.Mandatory program for every employee
• B.Self directed retirement program
• C.Mandatory for every Income Tax assessed
• D.None of the above

Section A (1 Mark)
Deduction under section 80QQB is allowed to an author of a book of literary or artistic or scientific nature who is resident in India to the extent of:

• A.100% of royalty income or Rs. 3,00,000 whichever is less
• B.50% of royalty income or Rs. 3,00,000 whichever is less
• C.100% of royalty income or Rs. 5,00,000 whichever is less
• D.50% of royalty income or Rs. 5,00,000 whichever is less

Section B (2 Mark)
The current market price of a share of XYZ stock is Rs50. If a call option on this stock has a strike price of Rs45, the call

• A.Sells for a higher price than if the market price of XYZ stock is Rs. 40.
• B.Is in the money.
• C.Is out of the money.
• D.B and C.

Section A (1 Mark)
If POA in respect of in moveable property of value more than ......................it must be registered

• A.Rs. 50
• B.Rs. 100
• C.Rs. 50000
• D.Rs. 100000