Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 481–485 (page: 98)

Updated On: 10-Feb-2026

In case of an individual and HUF cash in hand in excess of ............... shall be included in assets

  1. Rs. 5000
  2. Rs. 10000
  3. Rs. 25000
  4. Rs. 50000

Answer(s): D



Who would get the first preference when the property of a deceased person is to be distributed

  1. Government
  2. Charitable societies
  3. Agnates
  4. Cognates

Answer(s): C



Under the current international monetary system,

  1. each country can choose whether it wants a fixed or a floating exchange rate.
  2. surveillance is conducted by the International Monetary Fund (IMF) over the exchange-rate policies of its members.
  3. there is joint floating by some countries.
  4. All of the above.

Answer(s): D



During "Building the foundation" life stage, we learn about _______

  1. Budgeting
  2. Five Fundamental of Fiscal Fitness
  3. Three Fundamental of Fiscal Fitness
  4. Seven Fundamental of Fiscal Fitness

Answer(s): B



If the assessed lets out his house to his employer, which in turn allots the same to him as rent free accommodation? How would such house property will be treated as:

  1. Self occupied
  2. Let out
  3. Partly let out & partly self occupied
  4. Partly let out and partly vacant

Answer(s): B



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