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Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 101–105 (page: 22)

Updated On: 10-Feb-2026
Page 22 of 213
PDF with 1057 Questions

"Between the four items - Deposits; Borrowings; Reserves & Surplus; and Capital, which would appear last in the balance sheet of a bank?"

  1. Borrowings
  2. Deposits
  3. Reserves & Surplus
  4. Capital

Answer(s): A



Which of the following is not true?

  1. Only II
  2. Only I and II
  3. Only III
  4. None of these

Answer(s): A



Tax exemption limit for the lump sum received towards Leave encashment on retirement is at _______________

  1. Rs. 3.5 lacs
  2. Rs. 3 lacs
  3. Rs. 2.4 lacs
  4. Rs. 2 lacs

Answer(s): B



Customers with good credit rating is eligible for ...............

  1. Sub prime mortgage
  2. Simple
  3. Prime rate mortgage
  4. Reverse mortgage

Answer(s): C



Which of the following options is not true about CODICIL?

  1. It must be signed by the testator
  2. It must be attested by two witnesses
  3. It is an instrument made in relation to a will
  4. An instrument made by family members of the testator

Answer(s): D



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