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AAFM GLO_CWM_LVL_1 Exam With Confidence Using Practice Dumps

Exam Code:
GLO_CWM_LVL_1
Exam Name:
Chartered Wealth Manager (CWM) Global Examination
Certification:
Chartered Wealth Manager
Vendor:
AAFM
Questions:
1057
Last Updated:
Apr 30, 2025
Exam Status:
Stable
AAFM GLO_CWM_LVL_1

GLO_CWM_LVL_1: Chartered Wealth Manager Exam 2025 Study Guide Pdf and Test Engine

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Chartered Wealth Manager (CWM) Global Examination Questions and Answers

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Question 1

R acquired a property by way of gift from his father in the previous year 1991-92 when its FMV was Rs. 3 lakh. The father had acquired the property in the previous year 1983-84 for Rs. 2 lakh. This property was introduced as capital contribution to a partnership firm in which R became a partner on 10/06/2011. The market value of the asset as on 10/06/2011 was 10 lakh, but it was recorded in the books of account of the firm at Rs. 8 lakh. Compute the capital gain chargeable in the hands of R.

Options:

A.

Rs. 11,055/-

B.

Rs. 7,040/-

C.

Nil

D.

Rs. 3,075/-

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Question 2

Fine in case of cheque bouncing can go up to _________.

Options:

A.

twice the cheque amount

B.

cheque amount

C.

thrice the cheque amount

D.

Rs. 5 lakh

Question 3

Saurabh contributes Rs. 10,000 every year starting from the end of the 5th year from today till the end of 12th year in the account that gives a ROI of 7.75% p.a. compounded half yearly. Calculate the Present Value of his contribution today.

Options:

A.

39441

B.

39800

C.

42557

D.

36500

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