Free CWM_LEVEL_2 Exam Braindumps (page: 5)

Page 5 of 22

What is the minimum paid up capital needed to form a public limited company?

  1. No Minimum Requirement
  2. Rs. 1,00,000
  3. Rs. 5,00,000
  4. Rs. 10,00,000

Answer(s): C



As per rule 69 of doubling, what is the doubling period if rate of interest is 9%?

  1. 8.5 years
  2. 8 years
  3. 8.4 years
  4. 8.1 years

Answer(s): B



Which of the following is NOT one of the phases of the life-cycle theory of asset allocation?

  1. Accumulation Phase
  2. Consolidation Phase
  3. Taxation Phase
  4. Gifting Phase

Answer(s): D



Which of the following is not a derivative transaction?

  1. An investor buying index futures in the hope that the index will go up
  2. A copper fabricator entering into futures contracts to buy his annual requirements of copper
  3. A farmer selling his crop at a future date
  4. An exporter selling dollars in the spot market

Answer(s): D



Page 5 of 22



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