AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 27 )

Updated On: 9-Feb-2026

In case of Pvt. Company memo must be signed by atleast ........ person

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

Answer(s): B



Where one can open an account under the Public Provident Fund Scheme, 1968?

  1. In any branch of the State Bank of India.
  2. In any branch of the State Bank of India, and its subsidiaries.
  3. In any branch of the State Bank of India, and its subsidiaries, or in any Head Post Office or any selected sub post office.
  4. In any branch of the State Bank Of India, and its subsidiaries, or in any Head Post Office or any selected sub post office or in any of the nationalized banks.

Answer(s): D



Vehicle finance is made cheaper through _________.

  1. Better insurance cover
  2. Special arrangement with manufacturer
  3. Navigation system in the car
  4. Higher engine capacity

Answer(s): B



What is burn Arbun?

  1. Loan of a particular piece of property
  2. Credit sale
  3. Down payment
  4. Deposits in trust

Answer(s): C



No society shall be dissolved unless .....................of the member shall have expressed a will for dissolution by their other

  1. One fifth
  2. Two fifth
  3. Three fifth
  4. All the members

Answer(s): C






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