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Free GLO_CWM_LVL_1 AAFM Updates

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Total 1057 questions
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Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 53

Dividends received from investment would be classified as:

Options:

A.

Operating cash flow

B.

Investing cash flow

C.

Financing cash flow

D.

No cash flow impact

Question 54

Where one can open an account under the Public Provident Fund Scheme, 1968?

Options:

A.

In any branch of the State Bank of India.

B.

In any branch of the State Bank of India, and its subsidiaries.

C.

In any branch of the State Bank of India, and its subsidiaries, or in any Head Post Office or any selected sub post office.

D.

In any branch of the State Bank Of India, and its subsidiaries, or in any Head Post Office or any selected sub post office or in any of the nationalized banks.

Question 55

Customers with poor credit history due to defaulting payments is ………………

Options:

A.

Sub prime borrower

B.

Prime rate mortgage

C.

Reverse mortgage

D.

Balloon payment mortgage

Question 56

What is codicil?

Options:

A.

Legal document used to transfer little of real property in the eyes of law

B.

Legal process of settling of disputes arising out of untimely death

C.

A situation where a person dies without a will

D.

Is a document that amends, rather than replaces, a preciously executed will

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Total 1057 questions
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