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Most Recent AAFM GLO_CWM_LVL_1 Exam Questions & Answers


Prepare for the AAFM Chartered Wealth Manager (CWM) Global Examination exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the AAFM GLO_CWM_LVL_1 exam and achieve success.

The questions for GLO_CWM_LVL_1 were last updated on Nov 14, 2024.
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Question No. 1

Calculate the death claim amount if the assured dies in the 25th year of the policy. Money back policy with SA of Rs. 50000. Term is 25 years. Survival benefits of 10% each paid at the end of 5th , 10th, 15th, and 20th years. Accrued bonus of Rs. 500 per thousand of SA.Interim bonus of Rs. 75 per 1000 of SA.

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Correct Answer: D

Question No. 2

Mr. Subhash Bansal, a marketing manager is employed with IMFB limited. He took an advance of Rs. 1,20,000 against the salary of Rs. 30,000 per month in the month of March 2007. The gross salary of Mr. Adhikari for the assessment year 2007-08 shall be:

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Correct Answer: A

Question No. 3

What is the most essential characteristic to be in existence at the stage of establishing client relationship?

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Correct Answer: B

Question No. 4

________ account is maintained by businesses for their daily operations.

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Correct Answer: A

Question No. 5

Under flexible exchange rates a small open economy should

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Correct Answer: B

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