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Name: Chartered Wealth Manager (CWM) Certification Level 1 Examination
Exam Code: CWM_LEVEL_1
Certification: AAFM Certification
Vendor: AAFM
Total Questions: 138
Last Updated: Jan 06, 2026
Page:    1 / 28      
Total 138 Questions | Updated On: Jan 06, 2026
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Question 1

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


Answer: B

Question 2

Mrs. Meghana, a Hindu woman died without making a Will. She has left behind self-acquired property as well as property which she had got from her parents. Mrs. Meghana is survived by her husband and two children. According to the Hindu succession act 1956, how the whole property will be distributed and to whom it belongs? 


Answer: D

Question 3

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


Answer: D

Question 4

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


Answer: A

Question 5

How many members are needed to form a society? 


Answer: C

Page:    1 / 28      
Total 138 Questions | Updated On: Jan 06, 2026
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