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: Dec 16, 2025
Add To Cart
Question 1

Mr. Tiwari is the sole income earner in the family. Mrs. Tiwari is a homemaker. They are aged 40 and 36
respectively Life expectancy for both of them is another 40 years. They have no children. Other
information you have is: Current investment portfolio Rs. 20 lakhs, Estimated final expenses Rs. 1 lakh,
present annual expenses are of Rs. 4 lakhs (including Rs. 1 lakh of Mr. Tiwari's personal expenses), Mr.
Tiwari's post tax income in hand is Rs. 3.5 lakhs. Assume a post tax and post inflation rate is 4%.
Calculate the insurance requirement under the Needs Based Method?


Answer: D
Question 2

How many members are needed to form a society? 


Answer: C
Question 3

What are the advantages of 100% book building?


Answer: D
Question 4

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


Answer: D
Question 5

According to the dividend-growth model, the valuation of common stock depends on: 


22


Answer: A
Page:    1 / 28      
Total 138 Questions | Updated On: Dec 16, 2025
Add To Cart

© Copyrights DumpsCertify 2025. All Rights Reserved

We use cookies to ensure your best experience. So we hope you are happy to receive all cookies on the DumpsCertify.