Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 461–465 (page: 94)

Updated On: 10-Feb-2026

Which annuity provides for regular payments, which stop on the first death among of the covered lives?

  1. Joint life last survivor annuity
  2. Annuity certain
  3. Single life annuity
  4. None of these

Answer(s): D



If the rates of return from a security are not at all related to the market returns, then the beta for that security will be:

  1. 1
  2. 0
  3. Between 0and 1
  4. Greater than 1 or less than -1

Answer(s): B



Short-term capital gain arising for the transfer of equity shares and units of equity oriented fund shall be taxable

  1. at the normal rate
  2. at the rate of 20%
  3. at the rate of 10% if transferred on or after 1-10-2004
  4. at the rate of 10% if transferred on or after 1-10-2004 through a recognized stock exchange & such transaction is chargeable to securities transaction tax

Answer(s): B



Bonus share are

  1. Issued free to current stockholders
  2. Issued at a discount to current stockholders
  3. Issued at a premium to current stockholders
  4. Issued to promoters only

Answer(s): A



Hybrid plans are

  1. Combination of DB & ESOP plan
  2. Combination of DB & DC plan
  3. Combination of ESOP and Money purchase plan
  4. None of the above

Answer(s): B



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