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AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 4 )

Updated On: 7-Feb-2026
Page 4 of 213
PDF with 1057 Questions

"Which of the following can benefit from SARFAESI, 2002?"

  1. Banks
  2. Financial Institutions
  3. Both of the above
  4. None of the above

Answer(s): C



A trust is extinguished if

  1. All the beneficiaries who all competent to contract have given their consent for revocation of the trust
  2. Fulfillment of its purpose her become impossible
  3. In purpose is completely fulfilled
  4. Any one of the above

Answer(s): D



Mathematically the Efficient Frontier is the intersection of the Set of Portfolios with ........ Variance and the Set of Portfolios with ....... Return.

  1. Maximum, minimum
  2. Minimum, maximum
  3. Minimum, minimum
  4. None of the above

Answer(s): B



Deduction under section 80QQB is allowed to an author of a book of literary or artistic or scientific nature who is resident in India to the extent of:

  1. 100% of royalty income or Rs. 5,00,000 whichever is less
  2. 100% of royalty income or Rs. 3,00,000 whichever is less
  3. 50% of royalty income or Rs. 5,00,000 whichever is less
  4. 50% of royalty income or Rs. 3,00,000 whichever is less

Answer(s): B



In "Teenage Years" life stage, one learns about ___________

  1. Budgeting
  2. Earned income
  3. How money makes money
  4. All of the above

Answer(s): B



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