Free AAFM CWM_LEVEL_1 Exam Questions
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AAFM CWM_LEVEL_1 Exam Questions
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Provided By: AAFM
- Exam: Chartered Wealth Manager (CWM) Certification Level 1 Examination
- Certification: AAFM Certification
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Total Questions: 138
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Updated On: Apr 30, 2025
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Rated: 4.9 |
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Online Users: 276
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Question 1
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The principle of ensures that an insured does not profit by insuring with multiple insurers
Answer: B
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The principle of ensures that an insured does not profit by insuring with multiple insurers
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Question 2
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What is the amount of deduction in relation to Tea, Coffee and Rubber development account u/s 33AB
of Income Tax Act?
Answer: B
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What is the amount of deduction in relation to Tea, Coffee and Rubber development account u/s 33AB
of Income Tax Act?
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Question 3
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Mrs. Meghana, a Hindu woman died without making a Will. She has left behind self-acquired property as
well as property which she had got from her parents. Mrs. Meghana is survived by her husband and two
children. According to the Hindu succession act 1956, how the whole property will be distributed and to
whom it belongs?
Answer: D
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Mrs. Meghana, a Hindu woman died without making a Will. She has left behind self-acquired property as
well as property which she had got from her parents. Mrs. Meghana is survived by her husband and two
children. According to the Hindu succession act 1956, how the whole property will be distributed and to
whom it belongs?
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Question 4
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The current dividend on an equity share of MAGADH Limited is Rs. 8.00 on earnings per share of Rs. 30.00. Assume that the growth rate of 15 per cent will decline linearly over a five year period and then stabilize at 10 per cent. What is the intrinsic value of MAGADH 's share if the investors' required rate of return is 15 per cent?
Answer: D
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The current dividend on an equity share of MAGADH Limited is Rs. 8.00 on earnings per share of Rs. 30.00. Assume that the growth rate of 15 per cent will decline linearly over a five year period and then stabilize at 10 per cent. What is the intrinsic value of MAGADH 's share if the investors' required rate of return is 15 per cent?
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Question 5
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Statement I: Financial risk is associated with a firm's sources of financing. Statement II: The use of financial leverage is the source of financial risk
Answer: B
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Statement I: Financial risk is associated with a firm's sources of financing.