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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:
Jun 15, 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

Mr. M is an employee of Z Ltd. His basic pay is Rs.24,000 p.a., Dearness Allowance Rs.12,000 p.a; Medical Allowance (fixed) Rs.10,000 p.a.; Conveyance Allowance Rs.6,000 p.a.; Professional Tax deducted from his salary Rs.1,000 p.a.; Free lunch provided during office hours valued at Rs.12,000 for a 300-working day year; free education for two children in a school owned and maintained by the employer – school tuition fee for both the children is estimated at Rs.18,000 p.a.

What is Net Income of Mr. M and examine whether he is a specified or non-specified employee?

Options:

A.

Rs. 51,000, Specified Employee

B.

Rs. 50,000, Non Specified Employee

C.

Rs. 48,000, Specified Employee

D.

Rs. 57,000, Non Specified Employee

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Question 2

During last five years, Mr. Saxena owned securities that gave the following annual rate of return:

Which is the preferable security as per Geometric mean annual rate of return?

Options:

A.

Security A

B.

Security B

C.

Both are equally preferable

D.

None of the above

Question 3

In case where amount of wealth tax exceeds one hundred thousand rupees rigorous imprison-ment for a term not be less than …………

Options:

A.

One month which may extend to one year

B.

Only fine

C.

Six months which may extend to 7 years

D.

On year to 10 years

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