Chartered Wealth Manager (CWM) Certification Level II Examination

Here you have the best AAFM India CWM_LEVEL_2 practice exam questions

You have 165 total questions across 33 pages (5 per page)
These questions were last updated on February 19, 2026
This site is not affiliated with or endorsed by AAFM India.

Question 1 of 165

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

More Small-cap Stocks

More International Stocks

Fewer Bonds

More Bonds

Question 2 of 165

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

The OECD Model

The UN Model

The FATF Model

The OPEC Model

Question 3 of 165

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?

Character and Purpose

Income Level

Deposit Balance

Employment and Residential Stability

Question 4 of 165

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?

Triple Net Lease

Gross Lease

Modified Net Lease

All of the above

Question 5 of 165

At the time of renewal of working capital limits by a bank, the loan officer observed that M/s ABC utilization of funds on a long term basis is 80% of the long term sources during the year. Which among the following would be the result of this kind of financial management?

The current liabilities would increase

The current assets would decline

The current ratio would decline

The current ratio would improve

About the AAFM India CWM_LEVEL_2 Certification Exam

About the Exam

The AAFM India CWM_LEVEL_2 (Chartered Wealth Manager (CWM) Certification Level II Examination) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 165 practice questions across 33 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our CWM_LEVEL_2 questions are regularly updated to reflect the latest exam objectives.