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: Oct 29, 2025

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Question 1

Purpose of budget is ____________

A : end money wisely

B : ach financial goals

C : epare for financial emergencies

D : l of the above

Answer: D

Question 2

You own 3 scripts with their market value at

Calculate the CAGR of portfolio.

A : 5%

B : 10.26%

C : 1.64%

D : 11.16%

Answer: C

Question 3

Amount of liability of payment of gratuity is calculated at the rate of

A : month’s wage for each completed year of service

B : 20days wages for each completed year of service

C : lf a month’s wage for each completed year of service

D : 15 day’s wage for each completed year of service

Answer: D

Question 4

A ………………… mortgage is a mortgage which does not fully amortize over the term of the note thus leaving a balance due at ……………..

A : verse, Maturity

B : mple, transfer

C : lloon payment, maturity

D : uitable, maturity

Answer: C

Question 5

The Portfolio consists of two securities, X and Y in the ratio of 70:30. Given that

and covariance between them is 16%, what is the portfolio risk?

A : 13.77%

B : 8.04%

C : l

D : 25%

Answer: B

Page: 1 / 212

Total 1060 Questions | Updated On: Oct 29, 2025

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