AAFM Exam CWM_LEVEL_2 Topic 7 Question 47 Discussion

Actual exam question for AAFM's CWM_LEVEL_2 exam

Question #: 47
Topic #: 7

Section C (4 Mark)

Read the senario and answer to the question.

Ms. Deepika is interested in investments in foreign markets. Her brother is working in one of reputed American company in India and that is offering him some shares under ESOP scheme. This company is not listed in India. It is listed in New York Stock Exchange. Ms. Deepika is asking her manager how this transaction will took place for her brother?

AHer brother cannot invest in American shares as he is working its office situated in India.

BHer brother can invest in American company but purchasing under ESOP he must be employed in America.

CHer brother can invest in American ESOP by taking prior approval from the RBI for this.

DHer brother can purchase shares of foreign companies listed abroad under ESOP without any kind of restriction and he can send remittance without any limit.

Show Suggested Answer

Suggested Answer: D

by Justine at Aug 24, 2022, 04:17 PM

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