Online Access Free AAFM.CWM_LEVEL_2.v2022-03-08.q307 Practice Test (Page 19)

CWM_LEVEL_2 Exam Question 86

Section B (2 Mark)
An Indian citizen leaving India during the previous year for employment purpose is said to be resident If:

A.He has a house in India

B.He is in India in the previous year for a period of 182 days or more

C.He is in India for a period of 60 days or more during the previous year and for 365 or more days during
4 previous years immediately preceding the relevant previous year

D.He is not considered as a resident

CWM_LEVEL_2 Exam Question 87

Section B (2 Mark)
The following is not a capital receipt

A.Sale of know-how

B.Dividend on investment

C.Bonus Shares

D.Compensation received for vacating business place

CWM_LEVEL_2 Exam Question 88

Section A (1 Mark)
Aditya's father has given him general power of attorney what does this mean?

A.He has given Harish the right to make decision in all matters and take action on his behalf should be become incompetent

B.He has given Harish the immediate right to make decision in all matters and take action on his behalf

C.He has given Harish the right to appoint himself as the sole beneficiary of estate

D.None of the above

CWM_LEVEL_2 Exam Question 89

Section A (1 Mark)
Which of the following is a market anomaly?

A.Adjustment of stock prices due to accounting changes.

B.A relationship between P/E ratios and subsequent stock returns.

C.A relationship between money supply growth and stock prices.

D.Independence of stock price changes.

CWM_LEVEL_2 Exam Question 90

Section B (2 Mark)
Conventional theories presume that investors ____________ and behavioral finance presumes that they
____________.

A.are rational; are rational

B.may not be rational; may not be rational

C.are irrational; are irrational

D.are rational; may not be rational

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