Using the latest data pertaining toū −d asymmetry and the spin polarization functions, detailed implications of the possible values of the coupling strength of the singlet Goldstone boson η ′ have been investigated in the χCQM with configuration mixing. Using ∆u, ∆3,ū−d andū/d, the possible ranges of the coupling parameters a, α 2 a, β 2 a and ζ 2 a, representing respectively the probabilities of fluctuations to pions, K, η and η ′ , are shown to be 0.10 < ∼ a < ∼ 0.14, 0.2 < ∼ α < ∼ 0.5, 0.2 < ∼ β < ∼ 0.7 and 0.10 < ∼ |ζ| < ∼ 0.70. To further constrain the coupling strength of η ′ , detailed fits have been obtained for spin polarization functions, quark distribution functions and baryon octet magnetic moments corresponding to the following sets of parameters: a = 0.1, α = 0.4, β = 0.7, |ζ| = 0.65 (Case I); a = 0.1, α = 0.4, β = 0.6, |ζ| = 0.70 (Case II); a = 0.14, α = 0.4, β = 0.2, ζ = 0 (Case III) and a = 0.13, α = β = 0.45, |ζ| = 0.10 (Case IV). Case I represents the calculations where a is fixed to be 0.1, in accordance with earlier calculations, whereas other parameters are treated free and the Case IV represents our best fit. The fits clearly establish that a small non-zero value of the coupling of η ′ is preferred over the higher values of η ′ as well as when ζ = 0, the latter implying the absence of η ′ from the dynamics of χCQM. Our best fit achieves an overall excellent fit to the data, in particular the fit for ∆u, ∆d, ∆8 as well as the magnetic moments µn, µ Σ − , µ Σ + and µ Ξ − is almost perfect, the µ Ξ − being a difficult case for most of the similar calculations.The chiral constituent quark model (χCQM), as formulated by Manohar and Georgi [1], has recently got good deal of attention [2][3][4][5] as it is successful in not only explaining the "proton spin crisis" [6] but is also able to account for theū −d asymmetry [7-9], existence of significant strange quark contents in the nucleon, various quark flavor contributions to the proton spin [2], baryon magnetic moments [2,3] and hyperon β−decay parameters etc.. Recently, it has been shown that configuration mixing generated by spin-spin forces [10][11][12], known to be compatible with the χCQM [13][14][15], improves the predictions of χCQM regarding the quark distribution functions and the spin polarization functions [16]. Further, χCQM with configuration mixing (henceforth to be referred as χCQM config ) when coupled with the quark sea polarization and orbital angular momentum (Cheng-Li mechanism [17]) as well as "confinement effects" is able to give an excellent fit [16] to the baryon magnetic moments and a perfect fit for the violation of Coleman Glashow sum rule [18].The key to understand the "proton spin problem", in the χCQM formalism [3], is the fluctuation process