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AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 30 )

Updated On: 9-Feb-2026
Page 30 of 213
PDF with 1057 Questions

Which of the is/are not the risk management technique in the old paradigm of Life Cycle Finance?

  1. Only II
  2. II and IV
  3. III and IV
  4. Only IV

Answer(s): B



A bond, issued in a foreign country, is denominated in a currency other than the currency of the country in which it is issued is called:

  1. Euro Bond
  2. Samurai Bond
  3. Yankee Bond
  4. Foreign Bond

Answer(s): A



What is not the basic ingredient of a valid trust?

  1. There must be a trustee
  2. There must be a beneficiary or beneficiaries
  3. There must be clearly delineated trust property
  4. The object of the trust must not be specific

Answer(s): D



Risk is

  1. A peril
  2. A hazard
  3. A probability of loss
  4. A certain outcome

Answer(s): C



If the deceased has two widows, four sons and two daughters then what is the share of each widow

  1. One seventh of estate
  2. One half of estate
  3. One eighth portion
  4. One fourteenth portion

Answer(s): D






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