Ace Your GLO_CWM_LVL_1 Chartered Wealth Manager Exam

Chartered Wealth Manager (CWM) Global Examination Questions and Answers

Question 73

If there is a loss under the head Income from House property, can it be adjusted against other income under any other Head?

Yes

It can be adjusted only against income from salary

It can be adjusted from agricultural income

Question 74

“Income rule” in Insurance advocates

Cover of at least 8 - 10 times of one’s gross annual income

Cover of at least 5- 6 times of one’s gross annual income

Cover of at least 4-5 times of one’s gross annual income

Cover of at least 10 - 12 times of one’s gross annual income

Question 75

Which is not the condition for getting superannuation fund approved?

All the benefits should be payable only in India

Employee should be contributor to the fund

Employer should be contributor to fund

Funds have to be invested as per income tax rules1962

Question 76

Which of the following is a self funded retirement security?

Old age pension scheme

Public provident fund

Joint family system

Provident Fund