AAFM GLO_CWM_LVL_1 Chartered Wealth Manager (CWM) Global Examination Online Training
AAFM GLO_CWM_LVL_1 Online Training
The questions for GLO_CWM_LVL_1 were last updated at May 10,2025.
- Exam Code: GLO_CWM_LVL_1
- Exam Name: Chartered Wealth Manager (CWM) Global Examination
- Certification Provider: AAFM
- Latest update: May 10,2025
Merton’s theory is ___________
- A . Of continuous time finance
- B . a link from Arrow-Debreu world to real world
- C . about dynamic replication
- D . All of the above
Which of the following is not a business risk?
- A . Change of business cycles
- B . Change in Government policy
- C . Change in Government Law which affecting a particular industry
- D . Changes in Interest Rate
According to the capital asset pricing model, the expected rate of return on any security is equal to __________.
- A . [(the risk-free rate) + (beta of the security)] x (market risk premium)
- B . (the risk-free rate) + [(variance of the security’s return) x (market risk premium)]
- C . (the risk-free rate) + [(security’s beta) x (market risk premium)]
- D . (market rate of return) + (the risk-free rate)]
Multi period hedging is ________
- A . A way to manage qualitative risk over time
- B . A way to manage market risk over time
- C . A way to manage sentimental risk over time
- D . None of the above
What is the minimum paid up capital needed to form a public limited company?
- A . No Minimum requirement
- B . Rs. 100000
- C . Rs. 500000
- D . Rs. 1000000
For a “single income family” priority is on
- A . Protecting income via a term plan
- B . Investing in commodities to grow wealth
- C . Investing in Mutual Funds to grow wealth
- D . None of the above
Which of the following are the basic requirements for an existence of an HUF?
- A . Only I and II
- B . Only II and III
- C . All of these
- D . Only I and III
If any expenditure is incurred by an Indian company wholly and exclusively for the purpose of amalgamation or demerger, the said expenditure is
- A . Not allowable as a deduction in computing profits and gains of business or profession
- B . Allowed as a deduction spread over five successive previous year beginning with the previous year in which the amalgamation or demerger takes place
- C . Not deductible but is eligible to be treated as an intangible asset in respect of which depreciation can be claimed
- D . Fully deductible as revenue expenditure in the year in which it is incurred.
Government has changed certain industries related regulation in Parliament, it is an example of:
- A . Interest rate risk
- B . Political risk
- C . Market risk
- D . None of the above
IFSC stands for:
- A . Inter-bank Financial Sector Code
- B . Inter-bank Funds Settlement code
- C . Inter-bank Financial Service Code
- D . None of the above