Real GLO_CWM_LVL_1 Exam PDF Test Engine Practice Test Questions
AAFM GLO_CWM_LVL_1 Real 2021 Braindumps Mock Exam Dumps
AAFM GLO_CWM_LVL_1 Exam Syllabus Topics:
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NEW QUESTION 321
Rate of interest in post office MIS is
- A. 9.50%
- B. 7.50%
- C. 6.50%
- D. 8.50%
Answer: D
NEW QUESTION 322
A retirement planner must have detailed information about the client's current and future assets and liabilities.
Which of the following is of least importance in developing a retirement plan?
- A. A court order requiring the client to pay child support for next 15 years
- B. Book value of the client's closely held corporation as determined one year ago
- C. A large outstanding income tax liability of the client
- D. An outstanding judgment from a law suit against the client
Answer: A
NEW QUESTION 323
During inflationary period, nominal interest rates are ________ than real interest rates.
- A. Higher
- B. None of the all
- C. Lower
- D. Equal
Answer: A
NEW QUESTION 324
Beta less than lies an indication that the security would move __________.
- A. lesser than the market
- B. Inverse with the market
- C. more than the market
- D. in line with the market
Answer: A
NEW QUESTION 325
If a female dies without leaving any issue them property inherited from her father or mother the property will devolve upon
- A. Heirs of her husband
- B. Heirs of her mother
- C. Heirs of her father in law
- D. Heirs of her father
Answer: D
NEW QUESTION 326
Fixed exchange-rate systems maintained by a gold standard have difficulty achieving equilibrium if
- A. inflation of costs and prices occurs with a balance-of-payments surplus.
- B. the money supply rises with surpluses.
- C. the money supply falls with deficits.
- D. changes in the money supply are unrelated to the state of the balance of payments.
Answer: D
NEW QUESTION 327
Customers with poor credit history due to defaulting payments is ..................
- A. Balloon payment mortgage
- B. Reverse mortgage
- C. Prime rate mortgage
- D. Sub prime borrower
Answer: D
NEW QUESTION 328
What is the time limit for assessment made u/s 16?
- A. One year
- B. No time limit
- C. Five years
- D. Two years
Answer: D
NEW QUESTION 329
Consideration' under the law is a return promise to:
- A. (II), (III), and (IV) only
- B. (I), (II), and (III) only
- C. (I), (II), and (IV) only
- D. (I), (III), and (IV) only
Answer: B
NEW QUESTION 330
Trust banks are ____________
- A. None of the above
- B. US equivalent of traditional European private bank
- C. Japanese equivalent of traditional European private bank
- D. UK equivalent of traditional American private bank
Answer: B
NEW QUESTION 331
Open Market Operations is an important tool for central banks in ___________.
- A. countries where debt market is developed
- B. bullish equity market conditions
- C. bearish equity market conditions
- D. countries where debt market is under-developed
Answer: A
NEW QUESTION 332
P Ltd sets the target to produce 1000 tones of steel during the next six months to recover the cost but there is a possibility that due to strikes and lockouts the targeted output may not be archived. What type of risk is associated with the production process?
- A. Pure Risk
- B. All the above
- C. Speculative Risk
- D. Liability Risk
Answer: A
NEW QUESTION 333
Government has changed certain industries related regulation in Parliament, it is an example of:
- A. None of the above
- B. Political risk
- C. Interest rate risk
- D. Market risk
Answer: B
NEW QUESTION 334
Ram is working in Rashid Enterprises, a proprietorship firm.During his working hours Ram was injured seriously. Due to this injury Ram was hospitalized for six months. Ram is the only bread winner of his family.
Ms. Rashid, the proprietor of Rashid Enterprises is liable to pay damages to Ram. Under which of the following policy Rashid can protect himself from this liability?
- A. Key Person Life Insurance Policy
- B. The Directors' and officers liability policy
- C. Employer's Liability Insurance Policy
- D. Product Liability Insurance
Answer: B
NEW QUESTION 335
Fine in case of cheque bouncing can go up to _________.
- A. cheque amount
- B. Rs. 5 lakh
- C. twice the cheque amount
- D. thrice the cheque amount
Answer: C
NEW QUESTION 336
Receipts from TV serial shooting in farm house is __________________
- A. Salary Income
- B. Business Income
- C. non agricultural income
- D. Agricultural income
Answer: C
NEW QUESTION 337
Derive policy cost per thousand with following data:
- A. 29.85
- B. 22.75
- C. 0
- D. 12.5
Answer: A
NEW QUESTION 338
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