Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 351–355 (page: 72)

Updated On: 10-Feb-2026

A copy of the rules & regulations of the society, certified to be correct copy by not less than_____________ of the members of the governing body shall be filled with the MOA

  1. Five
  2. Four
  3. Three
  4. Two

Answer(s): C



If an investor is bearish on a share, buying a put is usually better then selling short because:

  1. The holder's losses can be no more that the put premium if the share price rises, but the short seller's losses could be significant in this situation.
  2. The short sale will become worthless after a short period of time put will not become worthless.
  3. The short seller must pay any dividends received on security, the short seller borrowed.
  4. A and C

Answer(s): D



Every employer is obliged to ensure that his employees get a safe and secure workplace. In relation to the risks arising in the workplace which affects the employees, cover is provided through

  1. Employees' Provident fund
  2. Workmen's compensation insurance
  3. Employees' group life insurance
  4. Employees' personal accidents insurance scheme

Answer(s): B



Financial goals must be SMART. SMART stands for _________________

  1. Seek, Measure, Attainable, Realistic, Time bound
  2. Seek, Monitor, Attainable, Realistic, Time bound
  3. Specific, Measurable, Attainable, Realistic, Time bound
  4. Specific, Measurable, Attainable, Rewarding, Time bound

Answer(s): C



In Islamic Banking, Anything permitted by Shariah is called:

  1. Israf
  2. Halal
  3. Haram
  4. Hibah

Answer(s): B



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