Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 386–390 (page: 79)

Updated On: 10-Feb-2026

Which of the following is a self funded retirement security?

  1. Old age pension scheme
  2. Public provident fund
  3. Joint family system
  4. Provident Fund

Answer(s): B



Depreciation expenses would be classified as:

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

Answer(s): D



P Ltd sets the target to produce 1000 tones of steel during the next six months to recover the cost but there is a possibility that due to strikes and lockouts the targeted output may not be archived.
What type of risk is associated with the production process?

  1. Pure Risk
  2. Speculative Risk
  3. Liability Risk
  4. All the above

Answer(s): A



Judgement rating is used in case of

  1. Life Insurance
  2. Health Insurance
  3. Fire Insurance
  4. Ocean Marine Insurance

Answer(s): D



Aditya's father has given him general power of attorney what does this mean?

  1. He has given Harish the right to appoint himself as the sole beneficiary of estate
  2. He has given Harish the right to make decision in all matters and take action on his behalf should be become incompetent
  3. He has given Harish the immediate right to make decision in all matters and take action on his behalf
  4. None of the above

Answer(s): C



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