Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 526–530 (page: 107)

Updated On: 10-Feb-2026

A will that can only be made by a soldiers in actual warfare ,or airmmen or mariners at sea is known as:

  1. Mutual Will
  2. Contingent Will
  3. Privileged Will
  4. Concurrent Will

Answer(s): C



Which of the following is not true?

  1. The prices of zero coupon bonds fluctuate less than bonds with large coupons.
  2. The concept of duration stresses when a bond will make its payments to bondholders.
  3. The smaller a bond's coupon implies a longer duration.
  4. A conservative investor will prefer a bond with a smaller duration even though it may have a longer term to maturity.

Answer(s): A



Income which accrue or arise outside India from a business controlled from India is taxable in case of:

  1. Resident only
  2. Not ordinarily resident only
  3. Both ordinarily resident and not ordinarily resident
  4. Non resident

Answer(s): C



Any amount payable and the amount of refund due under the Income Tax Act,1961 shall be rounded off to the nearest multiple of.......... ?

  1. Rs. 1
  2. Rs. 10
  3. Rs. 100
  4. No rounded off is done

Answer(s): B



General Insurance business was established in India in

  1. 1818
  2. 1938
  3. 1912
  4. 1850

Answer(s): D



Viewing page 107 of 213
Viewing questions 531 - 535 out of 1057 questions


Post your Comments and Discuss AAFM GLO_CWM_LVL_1 exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!