Free AAFM CWM_LEVEL_1 Exam Questions

Become AAFM Certified with updated CWM_LEVEL_1 exam questions and correct answers

Page: 1 / 28

Total 138 Questions | Updated On: Feb 17, 2025

Add To Cart

Question 1

A person is said to be Agnate of another if the two of them are

A : lated by blood or adoption entirely or wholly through males

B : lated by blood or adoption entirely or wholly through females

C : lated by blood or adoption entirely or wholly through their relatives

D : lated by blood or adoption entirely or wholly through the guardian other than family member

Answer: A

Question 2

The principle of ensures that an insured does not profit by insuring with multiple insurers

A : brogation

B : ntribution

C : urance

D : demnity

Answer: B

Question 3

What are the advantages of 100% book building?

A : rketing of issue to wholesale bidders work out cheaper

B : ue can be completed in single stage

C : me lag between pricing and listing is less

D : l of the above

Answer: D

Question 4

What is the quantum of deduction allowed u/s 80U?

A : . 40,000

B : . 75,000

C : . 60,000

D : . 55,000

Answer: D

Question 5

Statement I: Financial risk is associated with a firm's sources of financing.

Statement II: The use of financial leverage is the source of financial risk

A : atement I is correct.

B : atement II is correct

C : th statements are correct.

D : th statements are incorrect.

Answer: B

Page: 1 / 28

Total 138 Questions | Updated On: Feb 17, 2025

Add To Cart