AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Dumps in PDF

Free AAFM GLO_CWM_LVL_1 Real Questions (page: 38)

In the context of Organizational Models of banks in Wealth Management, a model in which Private Banking acts as a peripheral add-on to the core investment banking business is termed as:

  1. Hybrid
  2. IB dominated
  3. Universal
  4. None of the above

Answer(s): B



Which of the following statements is/are false?

  1. Only II
  2. I andIV
  3. Only III
  4. None of the above

Answer(s): A



As per Hindu succession Act 1956 following person is not considered as a class I heir of the person who dies intestate

  1. Widow
  2. Mother
  3. Father
  4. Son/Daughter

Answer(s): C



Which of the following is true of Reverse Repo rate?

  1. Determined by free market forces
  2. Lower than repo rate
  3. benchmark for long term rates
  4. Part of funding cost for commercial banks

Answer(s): B



If POA in respect of in moveable property of value more than ......................it must be registered

  1. Rs. 50
  2. Rs. 100
  3. Rs. 50000
  4. Rs. 100000

Answer(s): B



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