Chartered Wealth Manager Level 1

Here you have the best AAFM India CWM_LEVEL_1 practice exam questions

You have 136 total questions across 28 pages (5 per page)
These questions were last updated on February 20, 2026
This site is not affiliated with or endorsed by AAFM India.

Question 1 of 136

Under flexible exchange rates a small open economy should…

Lose control of its monetary policy

Be insulated from its trading partners' inflation

Tend to experience the inflation of its trading partners

Find that changes in its interest rates match changes in its trading partner's interest rates

Question 2 of 136

The cheapest form of life insurance which provides risk cover in the event of death of policy holder during policy term is…

Endowment Insurance

Mediclaim Policy

Term Insurance policy

Question 3 of 136

With the increase in the age of investor, the risk appetite of the investor…

Increases

Remains constant

Decreases

Any of the above

Question 4 of 136

In _________ without delivering possession of the mortgaged property, the mortgager binds himself personally to pay the mortgage money.

Usufructuary mortgage

Simple mortgage

English mortgage

Anomalous mortgage

Question 5 of 136

Statement I: Financial risk is associated with a firm's sources of financing.
Statement II: The use of financial leverage is the source of financial risk.

Statement I is correct.

Statement II is correct.

Both statements are correct.

Both statements are incorrect.

About the AAFM India CWM_LEVEL_1 Certification Exam

About the Exam

The AAFM India CWM_LEVEL_1 (Chartered Wealth Manager Level 1) validates your knowledge and skills. Passing demonstrates proficiency and can boost your career prospects in the field.

How to Prepare

Work through all 136 practice questions across 28 pages. Focus on understanding the reasoning behind each answer rather than memorizing responses to be ready for any variation on the real exam.

Why Practice Exams?

Practice exams help you familiarize yourself with the question format, manage your time, and reduce anxiety on the test day. Our CWM_LEVEL_1 questions are regularly updated to reflect the latest exam objectives.