Free AAFM GLO_CWM_LVL_1 Exam Actual Questions

The questions for GLO_CWM_LVL_1 were last updated On Apr 27, 2025

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Question No. 1

From the following information of assets assets and liabilities, the taxable wealth for:

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Correct Answer: A

Question No. 2

The provision of fraudulent transfer is given in-

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Correct Answer: D

Question No. 3

Miss. Nidhi Gupta has sold 600 calls on DR. REDDY'S LAB at a strike price of Rs.992 for a premium of Rs.25 per call on April 1, 2007. The closing price of equity shares of DR. REDDY'S LAB is Rs.994 on that day. If the call option is assigned against her on that day, what is her net pay off?

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Correct Answer: D

Question No. 4

A country has an ''absolute advantage'' in two products with respect to another country. Can it gain by trading with the other country?

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Correct Answer: B

Question No. 5

A good wealth management plan must include an analysis of all of the following EXCEPT

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Correct Answer: C