Free AAFM GLO_CWM_LVL_1 Exam Questions

Become AAFM Certified with updated GLO_CWM_LVL_1 exam questions and correct answers

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Total 1060 Questions | Updated On: Jan 10, 2025

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Question 1

Deflation is__________

A : od for developed countries

B : Boon

C : od for developing economics

D : phenomenon which has a number of negative aspects.

Answer: D

Question 2

The client behavior is influenced by which of following motivators in order to regulate his needs and wants?

A : ychological needs

B : cial Needs

C : lf fulfillment needs

D : l of the above

Answer: D

Question 3

Diversification is most effective when the returns on securities are:

A : itively correlated.

B : ro correlated.

C : gatively correlated.

D : gh correlation

Answer: C

Question 4

Solvency ratio is usually __________ in the case of young couples as compared to senior citizens

A : wer

B : gher

C : ual

D : ere is no comparison

Answer: A

Question 5

Mr. Kumar is a 40 year old NRI working abroad for past 5years. He invests Rs. 50, 000/- p.a. for past 5 years and wants to continue until his return to India. He plans to return to India after 10 years from now and enjoy his life back home. Inflation is expected to be 4% for next 30 years and his investment earns 6% interest. His expected life expectancy is 70 years. What would be his corpus at the time of return to India, and what amount he can with draw per month for his household expenses?

A : . 12,14,279/- and Rs. 6,358

B : . 11,63,798/- and Rs. 5,845

C : . 13,12,008/- and Rs. 7,008

D : . 12,14,279/- and Rs. 9,554

Answer: B

Page: 1 / 212

Total 1060 Questions | Updated On: Jan 10, 2025

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