AAFM GLO_CWM_LVL_1 Exam
Chartered Wealth Manager (CWM) Global Examination (Page 8 )

Updated On: 7-Feb-2026

In case of monthly premium payments, days of grace are

  1. 10 Days
  2. 15 Days
  3. 30 Days
  4. Three Weeks

Answer(s): B



How many registered offices can a company have ?

  1. Two.
  2. Three.
  3. one office in each state.
  4. One office totally.

Answer(s): D



Customers with poor credit history due to defaulting payments is ..................

  1. Sub prime borrower
  2. Prime rate mortgage
  3. Reverse mortgage
  4. Balloon payment mortgage

Answer(s): A



...................... Is implied in favor of the party creating it

  1. Express trust
  2. Resulting trust
  3. Constructive trust
  4. Pre-catory trust

Answer(s): B



Fiscal Policy controls.....

  1. Government spending
  2. Revenue raising
  3. Both of the above
  4. None of the above

Answer(s): C






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