GLO_CWM_LVL_1 Exam Dumps - Chartered Wealth Manager (CWM) Global Examination

Making a wealth plan

Reviewing a wealth plan

Both of above

None of the above

Interest risk is the uncertainty associated with changes in interest rates, the possibility of loss resulting from increases in interest rates.

Interest risk refers to the tendency of security prices, especially fixed income securities, to move inversely with changes in the rate of interest.

Only option A

Option A & B both

Rs. 5000

Rs. 10000

Rs. 25000

Rs. 50000

Current Cash / Current liabilities

Current Assets / Current liabilities

Current Liabilities / Current assets

Total Liabilities / Net Worth

Insuring existing losses

Making false insurance claims

Paying excessively for insurance cover

Profiting from insurance

Exempt from income tax

Taxed as the concession rate of 10% of the income

Tax at the hands of employees concerned based on the share of each employee

Taxed under Capital Gains Tax depending upon the nature of investment

50% of royalty or Rs. 3,00,000 whichever is less

100% of royalty or Rs. 3,00,000 whichever is less

100% of royalty or Rs. 2,00,000 whichever is less

100% royalty or Rs. 5,00,000 whichever is less

Mutual Will

Contingent Will

Privileged Will

Concurrent Will