Free AAFM CWM_LEVEL_1 Exam Questions

Become AAFM Certified with updated CWM_LEVEL_1 exam questions and correct answers

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Total 138 Questions | Updated On: Jun 04, 2025

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Question 1

At the money option will generate

A : itive cash flows

B : ro cash flow

C : gative cash flows

D : ne of the above

Answer: A

Question 2

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 3

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?

A : ghana's husband and two children have equal rights (one-third each) on her self-acquired property

B : f-acquired property as well as property which she had got from her parents shall be distributed in equal ratio to her husband and two children

C : . Meghana's property which is acquired from her parents shall be distributed to her two children in equal ratio. Her husband does not have a right on such property

D : th A and C of the above

Answer: D

Question 4

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 5

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

A : and II

B : and Ill

C : and Ill

D : l of the above

Answer: A

Page: 1 / 28

Total 138 Questions | Updated On: Jun 04, 2025

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