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: Mar 25, 2025

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Question 1

Which of the following feature differentiates a commodity futures contract from a financial futures contract?

A : change traded product

B : andardized contract

C : M settlement

D : rying quality of underlying asset

Answer: D

Question 2

Which of the following is not true?

A : prices of zero coupon bonds fluctuate less than bonds with large coupons.

B : concept of duration stresses when a bond will make its payments to bondholders.

C : smaller a bond's coupon implies a longer duration.

D : conservative investor will prefer a bond with a smaller duration even though it may have a longer term to maturity.

Answer: A

Question 3

Which of the following are the key issues in retirement planning of service class?

A : D

B : B, D

C : C, D

D : B, C

Answer: D

Question 4

"When a customer opts for a safe deposit locker, the bank becomes a _______."

A : btor

B : editor

C : ee

D : or

Answer: D

Question 5

Interest rate charged are higher in ……………

A : ime mortgage

B : prime mortgage

C : mple mortgage

D : ne of the above

Answer: B

Page: 1 / 212

Total 1060 Questions | Updated On: Mar 25, 2025

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