GLO_CWM_LVL_1 AAFM Chartered Wealth Manager (CWM) Global Examination Free Practice Exam Questions (2025 Updated)
Prepare effectively for your AAFM GLO_CWM_LVL_1 Chartered Wealth Manager (CWM) Global Examination certification with our extensive collection of free, high-quality practice questions. Each question is designed to mirror the actual exam format and objectives, complete with comprehensive answers and detailed explanations. Our materials are regularly updated for 2025, ensuring you have the most current resources to build confidence and succeed on your first attempt.
Under the Workmen Compensation Policy, when the employment injury results in death, the insurance company pays 40 % of the monthly wages of the deceased multiplied by the relevant factor or Rs. _________ whichever is more.
Profitability Index is
Which of the following statements is/are False
An employee benefit plan can generally help in accomplishing all of the following items except:
What is the future value of Rs. 5000 at the end of 5 years at 8% compounded annually?
In India, the interest rate of a floating rate security is linked to ___________.
The basic principles of Islamic Finance are…..
Which of the following is a secondary identifier _______.
Negative amortization leads to ______________
Payment of Gratuity Act 1972 is applicable to
An increase in the market value of a company indicates:
A 12 year annual annuity of Rs. 10000 will begin 8 years hence (the first payment occurs at the end of 8 years). What is the present value of this annuity if the discount rate is 14 percent?
A portfolio consists of 50% of investment ‘R’ that earned 10%, 25% of investment ‘S’ that earned 6% and 25% of investment ‘T’ that earned 9%. Compute the weighted average return?
Which of the following statement is/are correct?
Calculate current liability from the following information.
Current ratio is 1.5 and current assets are worth Rs.250
Commutation of pension up to a limit of _______________ is tax exempt in case the gratuity is also received
What an employee should check in his retirement benefit plan offered by the employer?
An important financial institution that assists in the initial sale of securities in the primary market is the
Which of the following is a secondary identifier _______.
How much should one deposit today in a bank account paying interest compounded quarterly if you wish to have Rs. 50000 at the end of 24 months, if the bank pays 8% annually?
Which of the following statement is false?
A country has an “absolute advantage” in two products with respect to another country. Can it gain by trading with the other country?
An assessee was allowed deduction of unrealized rent to the extent of Rs. 40,000 in the past although the total unrealized rent was Rs. 60,000. He is able to recover from the tenant Rs.45,000 during the previous year on account of such unrealized rent. He shall be liable to tax to the extent of:
Which one of the following is/are correct?
Which of the items would affect the net worth of the client?
Binoy aged 30 years with a total income is 6,00,000 p.a pays Rs.25000 as LIC premium for a policy of 3 lakhs on his life. He also pays income tax of Rs. 30,000. His retirement age is 65. The self maintenance expenses are 1 lakh p.a. & rate of interest is 6% p.a. Calculate the total amount of insurance requirement under HLV method?
Total income for assessment year 2007-08 of an individual including long-term capital gain of Rs. 60,000 is Rs. 1,40,000. The tax on total income shall be:
A client has a minor child she is concerned about what might happen if she was to die while the child was still young and unable to sensibly handle a sizeable in heritance one solution could be to draft her will so that the child receives the asset once reaching age 21 this is an example of
How much should one deposit today in a bank account paying interest compounded quarterly if you wish to have Rs. 10000 at the end of 3 months, if the bank pays 5% annually?
You bought a stock for Rs. 28.29 that paid the following dividends
After the third year, you sold the stock for Rs. 35. What was the annual rate of return?
Mr. M by a Gift deed transferred certain property to her daughter, with a direction that daughter should pay an annuity to Mr. M's brother, as had been done by Mr. M. On the same day, the daughter executed a deed in writing in favour of Mr. M's brother, agreeing to pay annuity. Afterwards, she declined to fulfil her promise saying that no consideration had moved from her uncle. Which of the following statements is correct'?
Spread is defined as ___________________.
Calculate Pure Premium, if Risk premium is Rs. 5,000 and Rate of interest is 7 %?
What will be the length of service of Sahil u/s 10(10) (ii) of the IT Act, 1961, if his difference between date of retirement and date of joining is as per detail given below ?
Which one of the following is/are correct?
Which of the following are the agency functions of a Commercial Bank?
Which of the following statements is/are correct?
Calculate age nearer birthday, last birthday and next birthday in case where date of proposal was 28-03-2007 and date of birth was 30-09-1969.
Which of the following statements are correct?
You want to have Rs. 1,000,000 when you retire in 30 years. You expect to earn 12% compounded monthly over the entire 30-year period. How much extra money per month must you deposit if you choose to fund using an ordinary annuity technique rather than an annuity due technique ?
