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
……………………is a gift in the form of a single transfer to the same person of several things of which one is and the others are not burdened by an obligation, the done can take nothing by the gift unless he accepts if fully.
- A . Simple gift
- B . English gift
- C . Onerous gift
- D . Universal gift
What is a contract?
- A . An agreement between two or more parties which creates no obligation to do a particular thing.
- B . A contract is an agreement between two or more parties that does not establish an enforceable legal relationship.
- C . Contract consists of reciprocal promise that the law will not enforce.
- D . A contract is the result of a promise to do a certain thing in exchange for a promise from on their person.
A trust is extinguished if
- A . All the beneficiaries who all competent to contract have given their consent for revocation of the trust
- B . Fulfillment of its purpose her become impossible
- C . In purpose is completely fulfilled
- D . Any one of the above
Transfer of shares in the partnership firm is
- A . Restricted
- B . Freely transferable
- C . Prohibited
- D . None of these
A return relative is
- A . Total return
- B . Total return +1
- C . 1/ Total return
- D . 1 + 1/ Total return
Where the return of income is filed after the due date specified u/s 139(1):
- A . all deductions under Chapter VIA i.e. 80C to 80U will be allowable
- B . all deductions under Chapter VIA i.e. 80C to 80U will not be allowable
- C . all deductions under Chapter VIA i.e. 80C to 80U excepting 80-IA, 80-IAB, 80-IB, 80-IC will be allowable
- D . all deductions under Chapter VIA i.e. 80C to 80U except 80-IA will be allowable
Which school is prevalent all over India
- A . Dayabhaga
- B . Mitakshara
- C . Both
- D . None of the above
Document required to open a bank account is/are
- A . Identity Proof
- B . Residence Proof
- C . Photographs
- D . All of the above
Deposit insurance covers _______.
- A . Savings
- B . Current
- C . Term
- D . All of the above
Modern “Asset Allocation” is based upon the model developed by Harry Markowitz.
Which of the following statement is/are correctly identified with this Model?
- A . I & II only
- B . I, II & III only
- C . I only
- D . I, II & IV only
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