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AAFM India

AAFM India CWM_LEVEL_1 Exam

AAFM India CWM_LEVEL_1 Exam

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Certification Provider: AAFM India
Exam: Chartered Wealth Manager Level 1
Duration: 2 Hours
Number of questions in the database: 143
Exam Version:  2023
Exam Topics:
  • Topic 1: Exam A
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    Topic 1 - Exam A

    Question #1Topic 1

    Under flexible exchange rates a small open economy should…

    • A. Lose control of its monetary policy
    • B. Be insulated from its trading partners' inflation
    • C. Tend to experience the inflation of its trading partners
    • D. Find that changes in its interest rates match changes in its trading partner's interest rates

    Correct Answer: C 

    Question #2Topic 1

    The cheapest form of life insurance which provides risk cover in the event of death of policy holder during policy term is…

    • A. Endowment Insurance
    • B. Endowment Insurance
    • C. Mediclaim Policy
    • D. Term Insurance policy

    Correct Answer: D 

    Question #3Topic 1

    With the increase in the age of investor, the risk appetite of the investor…

    • A. Increases
    • B. Remains constant
    • C. Decreases
    • D. Any of the above

    Correct Answer: C 

    Question #4Topic 1

    In _________ without delivering possession of the mortgaged property, the mortgager binds himself personally to pay the mortgage money.

    • A. Usufructuary mortgage
    • B. Simple mortgage
    • C. English mortgage
    • D. Anomalous mortgage

    Correct Answer: B 


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