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 #71
During “Early accumulation” 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 #72
What is burn Arbun?
- A . Loan of a particular piece of property
- B . Credit sale
- C . Down payment
- D . Deposits in trust
Question #73
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 . Fully deductible as revenue expenditure in the year in which it is incurred.
- C . Not deductible but is eligible to be treated as an intangible asset in respect of which depreciation can be claimed.
- D . Allowed as a deduction spread over five successive previous year beginning with the previous year in which the amalgamation or demerger takes place.
Question #74
Doubling period is equal to
- A . 0.35+ (69/interest rate)
- B . 3.5+ (69/inflation rate)
- C . 0.035+ (69/interest rate)
- D . 35+(69/interest rate)
Question #75
Question #76
The subscription paid into PPF account enjoys the tax benefit under
- A . Sec 80D
- B . Sec 10
- C . Sec 80C
- D . Sec 80G
Question #77
_______________ and _______________ mandates are two kinds of service level contracts
- A . Advisory, Discretionary
- B . Discretionary, Managed
- C . Advisory, Managed
- D . None of the above
Question #78
______ serves as a bank for central banks
- A . Institute of International Finance
- B . IMF
- C . Bank for International Settlements
- D . All of the above
Question #79
If everyone is forced to pay an extra Rs 1000 in taxes each year, "the" multiplier
- A . Is unchanged and income falls
- B . Becomes smaller and income falls
- C . Becomes larger and income falls
- D . becomes larger and income rises
Question #80
Which of the following is controlled under monetary policy?
- A . Interest Rates
- B . Money Supply
- C . Inflation
- D . All of the above
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