Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 276–280 (page: 57)

Updated On: 10-Feb-2026

For a "single income family" priority is on

  1. Protecting income via a term plan
  2. Investing in commodities to grow wealth
  3. Investing in Mutual Funds to grow wealth
  4. None of the above

Answer(s): A



A mortgage where the mortgagor delivers possession and binds himself to deliver possession of the mortgaged property to the mortgagee is called?

  1. English Mortgage
  2. Reverse Mortgage
  3. Usufructuary Mortgage
  4. Mortgage by conditional sale

Answer(s): C



In .....................without delivery possession of the mortgaged property, there mortgager binds himself personally to pay the mortgage money

  1. Usufructuary mortgage
  2. Simple mortgage
  3. English mortgage
  4. Anomalous mortgage

Answer(s): B



Deduction under section 80QQB is allowed in respect of royalty income to:

  1. an individual who is an author of a book
  2. an individual who is resident in India and who is an author of a book
  3. an individual who is resident in India who is either an author of a book or a joint author of the book
  4. None of These

Answer(s): C



Risk that can be eliminated through diversification is called ______ risk.

  1. Unique
  2. Firm-specific
  3. Diversifiable
  4. All of the above

Answer(s): D



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