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
Question #61
Solvency ratio is usually __________ in the case of young couples as compared to senior citizens
- A . Lower
- B . Higher
- C . Equal
- D . There is no comparison
Question #62
SHG stands for:
- A . Society Housing Group
- B . Society Household Group
- C . Self House Group
- D . Self Help Group
Question #63
During “Financial Independence” life stage, typical asset allocation should be
- A . 25% equities, rest in fixed income instruments
- B . 50% equities, rest in fixed income instruments
- C . 75% equities, rest in fixed income instruments
- D . 100% equities
Question #64
Where one can open an account under the Public Provident Fund Scheme, 1968?
- A . In any branch of the State Bank of India.
- B . In any branch of the State Bank of India, and its subsidiaries.
- C . In any branch of the State Bank of India, and its subsidiaries, or in any Head Post Office or any selected sub post office.
- D . In any branch of the State Bank Of India, and its subsidiaries, or in any Head Post Office or any selected sub post office or in any of the nationalized banks.
Question #65
Mutual funds in India are required by SEBI to
- A . prohibit their employees from personal trading in secondary markets
- B . allow all employees to trade freely in secondary markets without restrictions
- C . establish a code of conduct and allow employees to do personal trading that conforms to SEBI guidelines
- D . allow employees to carry on personal trading as long as they abide by SEBI regulations
Question #66
A public trust is created for the benefit of
- A . Individuals only
- B . Family member
- C . Uncertain and fluctuating body of persons
- D . Charitable purposes only
Question #67
NSSO stands for ____________
- A . National Security Space Office
- B . National Shared Services Organization
- C . National Sample Survey Organization
- D . None of the above
Question #68
Which of the following options is not true about CODICIL?
- A . It must be signed by the testator
- B . It must be attested by two witnesses
- C . It is an instrument made in relation to a will
- D . An instrument made by family members of the testator
Question #69
In a life insurance contract, offer refers to
- A . Proposer paying the first premium
- B . Proposer’s application form for insurance
- C . Original policy bond
- D . Company brochure duly authenticated
Question #70
Under the Provisions of Transfer, of Property Act, the unborn child acquires vested interest-
- A . Upon his birth
- B . 7 days after his birth
- C . 12 days after his birth
- D . 18 years after his birth
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