Free AAFM GLO_CWM_LVL_1 Exam Questions
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AAFM GLO_CWM_LVL_1 Exam Questions
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Provided By: AAFM
- Exam: Chartered Wealth Manager (CWM) Global
- Certification: Chartered Wealth Manager
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Total Questions: 1060
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Updated On: Jan 26, 2025
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Rated: 4.9 |
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Online Users: 2120
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Question 1
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Diversification is most effective when the returns on securities are:
Answer: C
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Diversification is most effective when the returns on securities are:
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Question 2
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Any property inherited by a female Hindu from her husband or from her father in law, in the absence of anyson or daughter of the deceased shall go to…..
Answer: C
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Question 3
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Mr. Rajesh Rawat deposits Rs. 15,000 per month at the end of the month for 6.50 years in an account that pays
a ROI of 8.80% per annum compounded quarterly. What will be the amount in the account after 6.50 years.?
Answer: B
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Mr. Rajesh Rawat deposits Rs. 15,000 per month at the end of the month for 6.50 years in an account that pays
a ROI of 8.80% per annum compounded quarterly. What will be the amount in the account after 6.50 years.?
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Question 4
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Nishant aged 35 years is married and is working as a manager in M/s Zenith Ltd. His most likely retirement
age is 60 years.His present salary is Rs. 3,00,000/- pa and self-maintenance expenses are 30,000/- per year. He
pays Life insurance premium paid of 15,000/-and Income tax & professional tax amount to Rs. 20000/-. Rate
of interest assumed for capitalization of future income is 8%.
Calculate Nishant’s HLV to recommend adequate insurance cover.
Answer: D
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Nishant aged 35 years is married and is working as a manager in M/s Zenith Ltd. His most likely retirement
age is 60 years.His present salary is Rs. 3,00,000/- pa and self-maintenance expenses are 30,000/- per year. He
pays Life insurance premium paid of 15,000/-and Income tax & professional tax amount to Rs. 20000/-. Rate
of interest assumed for capitalization of future income is 8%.
Calculate Nishant’s HLV to recommend adequate insurance cover.
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Question 5
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Sponsor of a Mutual Fund is like a promoter of a company
Answer: A
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Sponsor of a Mutual Fund is like a promoter of a company