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Free AAFM GLO_CWM_LVL_1 Exam Questions

Try our Free Demo Practice Tests for Comprehensive GLO_CWM_LVL_1 Exam Preparation

  • AAFM GLO_CWM_LVL_1 Exam Questions
  • Provided By: AAFM
  • Exam: Chartered Wealth Manager (CWM) Global
  • Certification: Chartered Wealth Manager
  • Total Questions: 1060
  • Updated On: Apr 28, 2025
  • Rated: 4.9 |
  • Online Users: 2120
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  • Question 1
    • "When a customer opts for a safe deposit locker, the bank becomes a _______." 

      Answer: D
  • Question 2
    • Nishant aged 35 years is married and is working as a manager in M/s Zenith Ltd. His most likely retirement age is 60 years.His present salary is Rs. 3,00,000/- pa and self-maintenance expenses are 30,000/- per year. He pays Life insurance premium paid of 15,000/-and Income tax & professional tax amount to Rs. 20000/-. Rate of interest assumed for capitalization of future income is 8%. Calculate Nishant’s HLV to recommend adequate insurance cover. 

      Answer: D
  • Question 3
    • Which of the following is not a part of scheduled banking structure in India?

      Answer: A
  • Question 4
    • In India, the interest rate of a floating rate security is linked to ___________.

      Answer: A
  • Question 5
    • A ………………… mortgage is a mortgage which does not fully amortize over the term of the note thus leaving a balance due at ……………..

      Answer: C
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