AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 24 )

Updated On: 9-Feb-2026

Joint account with a resident is permitted in case of

  1. NRO A/c
  2. FCNR
  3. NRE
  4. All of the above

Answer(s): A



"Early accumulation" life stage is normally during ______

  1. 12- 19 years
  2. Our 20s
  3. 30-40
  4. Retirement years

Answer(s): C



__________ records net change in ownership of foreign assets

  1. Capital Account
  2. Current Account
  3. Official Reserve Account
  4. Balance of Payments

Answer(s): A



Often burdened with loan and generally both of the spouses work to earn their living. Under which category this type of family falls?

  1. Mature family
  2. Young family
  3. Empty Nesters
  4. None of the above

Answer(s): B



Which of the following is controlled under monetary policy?

  1. Interest Rates
  2. Money Supply
  3. Inflation
  4. All of the above

Answer(s): C






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