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Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 216–220 (page: 45)

Updated On: 10-Feb-2026
Page 45 of 213
PDF with 1057 Questions

Which one of the following is not an example of Association of Person?

  1. Mohan (HUF) & Ram & Sons join together for the construction of the fly over.
  2. Mohan & Ram & Sons join together for the construction of the fly over.
  3. Mohan, Ram &Shyam join together for the construction of the fly over.
  4. None of the Above

Answer(s): C



Surender the driver causes injuries to a pedestrian by rash driving of car. The injured victim had to spend Rs.1000 in treating his injuries. Surender `s act has created liabilities under

  1. Common law
  2. Contract
  3. Statue and Common law
  4. Statute only

Answer(s): C



Multi period hedging is ________

  1. A way to manage qualitative risk over time
  2. A way to manage market risk over time
  3. A way to manage sentimental risk over time
  4. None of the above

Answer(s): B



A bank that handles affairs of another bank which has no legal standing in the jurisdiction is called

  1. a merchant bank.
  2. a client bank.
  3. an off-shore bank.
  4. a correspondent bank.

Answer(s): D



Which of the following is not true about traditional defined benefit plans?

  1. A defined benefit plan provides a specified retirement benefit, and is funded based on actuarial assumptions
  2. A defined benefit plan provides higher proportionate benefits for key employees when key employees as a group are older than rank and file employees
  3. A defined benefit plan provides an individual account for each employee who participates
  4. A defined benefit plan can provide benefits for service prior to establishment of the plan

Answer(s): C



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