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CWM_LEVEL_1 Actual Exam Questions

Last updated on Dec. 13, 2024.
Vendor:AAFM India
Exam Code:CWM_LEVEL_1
Exam Name:Chartered Wealth Manager Level 1
Exam Questions:136
97% Passed the exam with this material
 

Topic 1 - Exam A

Question #1 Topic 1

Under flexible exchange rates a small open economy should…

  • A. Lose control of its monetary policy
  • B. Be insulated from its trading partners' inflation
  • C. Tend to experience the inflation of its trading partners
  • D. Find that changes in its interest rates match changes in its trading partner's interest rates
Reveal Solution Hide Solution   Discussion   1

Correct Answer: C 🗳️

Question #2 Topic 1

The cheapest form of life insurance which provides risk cover in the event of death of policy holder during policy term is…

  • A. Endowment Insurance
  • B. Endowment Insurance
  • C. Mediclaim Policy
  • D. Term Insurance policy
Reveal Solution Hide Solution   Discussion  

Correct Answer: D 🗳️

Question #3 Topic 1

With the increase in the age of investor, the risk appetite of the investor…

  • A. Increases
  • B. Remains constant
  • C. Decreases
  • D. Any of the above
Reveal Solution Hide Solution   Discussion  

Correct Answer: C 🗳️

Question #4 Topic 1

In _________ without delivering possession of the mortgaged property, the mortgager binds himself personally to pay the mortgage money.

  • A. Usufructuary mortgage
  • B. Simple mortgage
  • C. English mortgage
  • D. Anomalous mortgage
Reveal Solution Hide Solution   Discussion  

Correct Answer: B 🗳️

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