Free CWM_LEVEL_1 Exam Braindumps
Chartered Wealth Manager Level 1 Questions 36–40 (page: 9)

Updated On: 9-Feb-2026

Yash pays health insurance premiums for himself, his wife and his two children aged 13 and 8. Premiums for which of these individuals will qualify as deductible from Yash's taxable income?

  1. Yash only
  2. Yash and his wife only
  3. Yash, his wife and his oldest child
  4. Yash, his wife and both his children

Answer(s): D



According to the dividend-growth model, the valuation of common stock depends on:

  1. I and II
  2. I and III
  3. II and III
  4. All of the above

Answer(s): A



Calculate age nearer birthday, last birthday and next birthday in a case where the date of a proposal was 28-03-2007 and date of birth was 30-09-1969.

  1. Age nearer birthday 37, next birthday 38, last birthday 37
  2. Age nearer birthday 38, next birthday 39, last birthday 38
  3. Age nearer birthday 36, next birthday 37, last birthday 36
  4. Age nearer birthday 38, next birthday 38, last birthday 37

Answer(s): B



To check inflation, RBI should:

  1. Raise the SLR
  2. Sell govt. securities
  3. Raise CRR
  4. All the above

Answer(s): C



Which of the following statement is true?

  1. Statement I is true.
  2. Statement II is true.
  3. Statement III is true.
  4. Statement III is wrong.

Answer(s): B



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