Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 436–440 (page: 89)

Updated On: 10-Feb-2026

The quantum of deduction allowed u/s 80U is:

  1. Rs. 40,000
  2. Rs. 50,000
  3. Rs. 60,000
  4. Rs 55000

Answer(s): B



For making a personal financial statement for a client, the optimum cash levels would be

  1. 2-3 months of cash requirement
  2. 4-6 months of cash requirement
  3. 6-9 months of cash requirement
  4. 1 year of cash requirement

Answer(s): B



Onshore wealth management involves ____________

  1. Suggesting products and services available across the globe
  2. Suggesting products and services available within the client's country of residence
  3. Suggesting products and services available outside the client's country of residence
  4. None of the above

Answer(s): B



Minimum number of employees in an establishment for it to come under the purview of the Payment of Gratuity act is ______

  1. 20 and above
  2. Above 20
  3. 10 and above
  4. Above 10

Answer(s): C



Essential requirement for the person who can attest the will is that he

  1. Must be a relative
  2. Must be one of the beneficiaries
  3. Must witness the testator executing the will
  4. Must be lawyer

Answer(s): C



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