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.
Solatium fund for hit and run accident in motor insurance policy has been created by the Government of India which consists of contributions from Government and General Insurance companies, as below:
Which one of the following statements is/are correct?
Stock A & B are positively correlated with a correlation co efficient of .75. When stock A moves up by 12%, how will stock B perform?
As a CWM you are considering the following bond for inclusion in the fixed income portfolio of your client:
What will be the duration of this bond? and What will be the effect of the changes on the duration of the bond if the coupon rate is 6% rather than 9%?
A person is on the verge of retirement. He has sufficient funds to meet his daily regular expenses and even he has sufficient insurance coverage. He owns a house property. His family consists of him and his wife only. As a Chartered Wealth manager, which insurance policy would you suggest him?
The minimum service required for entitlement to payment of gratuity under the Act, in case of an employee leaving service by death or incapacitation is
Actual Loss ratio is
Which of the following is an inferential data (i.e. data which may not be correctly obtained by simply asking a direct question)?
Following is/ are the component(s) of Personal Financial Statements
Aakash a trustee for Mahesh allows the trust to be executed solely by his co-trustee, Suresh. Suresh misapplies the trust property. Is Aakash personally answerable to the loss?
Retiring early will need
Risk is
Any amount payable and the amount of refund due under the Income Tax Act,1961
shall be rounded off to the nearest multiple of.......... ?
Trust banks are ____________
In “Teenage Years” life stage, one learns about ___________
If the deceased has two widows, four sons and two daughters then what is the share of each widow
Sponsor of a Mutual Fund is like a promoter of a company
In a life insurance contract, offer refers to
Some institutions may be used by criminals to transfer and hide illegal wealth. The institutions are often located in countries with well-developed secrecy laws and attractive tax structures.
These institutions are called:
Bond price is inversely related to yields
In the BASEL framework, first pillar stands for:
How many sections are there in Householder’s Insurance Policy?
Which of the following is not true?
Technical Analysis involves
Which of the following options is not true about CODICIL?
Agricultural income is exempt provided the
Deduction under section 80QQB is allowed in respect of royalty income to:
"Tier 1 in the Basel framework includes each of the following, except ______."
How many registered offices can a company have ?
A bank that handles affairs of another bank which has no legal standing in the jurisdiction is called
If a testator makes a will ‘to induce another person to make him comply with his (testators) wish’ but does not have any testamentary operation or intention, then this will is called as
When Government adjusts its economic policy through the Central Budget, it is exercising_________
SRO stands for
GDP at factor cost is equal to ________
Which of the following Mutual Funds was not set up within the Phase 2: 1987-1993 ?
According to the dividend-growth model, the valuation of common stock depends on
Diversification is most effective when the returns on securities are:
Which of the following is not an essential element of a trust?
Document required to open a bank account is/are
“At the money” option will generate
