AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 7 )

Updated On: 7-Feb-2026

If a female dies without leaving any issue them property inherited from her father or mother the property will devolve upon

  1. Heirs of her father
  2. Heirs of her mother
  3. Heirs of her husband
  4. Heirs of her father in law

Answer(s): A



The cheapest form of life insurance which provides risk cover in the event of % death of policy holder during policy term is

  1. Endowment Insurance
  2. Money Back Policy
  3. Med claim Policy
  4. Term Insurance policy

Answer(s): D



............... mortgage is an extremely good resource for retirement planning.

  1. Simple mortgage
  2. Equitable
  3. Balloon
  4. Reverse mortgage

Answer(s): D



As per rule 69 of doubling, what is the doubling period if rate of interest is 9%

  1. 8.01 years
  2. 8 years
  3. 8.4
  4. 8.1

Answer(s): A



Dividends received from investment would be classified as:

  1. Operating cash flow
  2. Investing cash flow
  3. Financing cash flow
  4. No cash flow impact

Answer(s): B



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