Free AAFM India CWM_LEVEL_1 Exam Braindumps (page: 3)

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197 Questions & Answers
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Statement I: Financial risk is associated with a firm's sources of financing.
Statement II: The use of financial leverage is the source of financial risk.

  1. Statement I is correct.
  2. Statement II is correct.
  3. Both statements are correct.
  4. Both statements are incorrect.

Answer(s): B



The principle of ensures that an insured does not profit by insuring with multiple insurers.

  1. Subrogation
  2. Contribution
  3. Co-insurance
  4. Indemnity

Answer(s): B



Under which of the following steps does the wealth manager develops a SWOT chart for the client?

  1. Identifying Goals and Objectives
  2. Identifying and Clarifying the Current Situation
  3. Developing a Wealth Management Plan
  4. Analysing Financial Issues

Answer(s): B



Employees Provident Fund is applicable to firms employing over ____________ employees.

  1. 20 or more
  2. 15 or more
  3. 10 or more
  4. 25 or more

Answer(s): A






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