Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 211–215 (page: 44)

Updated On: 10-Feb-2026

Any property inherited by a female Hindu from her husband or from her father in law, in the absence of any son or daughter of the deceased shall go to.....

  1. Heir of mother
  2. Heir of father
  3. Heir of Husband
  4. Heir of Sister

Answer(s): C



If an assessed earns rent from a sub-tenant in respect to tenanted property let out as a residence, the said rent is:

  1. Exempt under Section 10.
  2. Taxable under the head income from house property.
  3. Taxable as business income, as the letting out is a commercial activity.
  4. Taxable as income from other sources, unless the assessed is in the business of subletting properties on a regular basis.

Answer(s): D



Within how many days prospectus or statement in lieu of prospectus should file with ROC

  1. 30
  2. 40
  3. 20
  4. 50

Answer(s): A



Government has changed certain industries related regulation in Parliament, it is an example of:

  1. Interest rate risk
  2. Political risk
  3. Market risk
  4. None of the above

Answer(s): B



The standard deviation of the returns of a portfolio of securities will be _________ the weighted average of the standard deviation of returns of the individual component securities.

  1. Equal to
  2. Less than
  3. Greater than
  4. Less than or equal to (depending upon the correlation between securities)

Answer(s): D



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