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Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 551–555 (page: 112)

Updated On: 10-Feb-2026
Page 112 of 213
PDF with 1057 Questions

Open-ended funds have

  1. Units for purchase and sell on a daily basis
  2. have unit capital which is fixed
  3. A fixed maturity
  4. a price that is at a discount to NAV

Answer(s): A



A fraud is discovered with respect to an loan that has turned NPA. When is the earliest that it can be treated as a doubtful asset?

  1. Immediately
  2. Has remained sub-standard for upto 2 quarters
  3. Has remained NPA for upto 1 quarter
  4. Has remained NPA for upto 1 year

Answer(s): A



Deduction under section 80C shall be allowed:

  1. from the gross total income of the individual or HUF
  2. from the income from long-term capital gain
  3. from the gross total income other than long-term capital gain from any asset and short-term capital gain on shares sold through recognized stock exchange
  4. from the gross total income other than long-term capital gain

Answer(s): C



Comprehensive Wealth Management addresses

  1. Life Planning
  2. Investment Planning
  3. Estate Planning
  4. All of the above

Answer(s): D



In case of public company memo must be signed by atleast ....... persons.

  1. One
  2. Two
  3. Seven
  4. Ten

Answer(s): C



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