Pass the AAFM Chartered Wealth Manager GLO_CWM_LVL_1 Questions and answers with CertsForce

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Viewing questions 101-120 out of questions
Questions # 101:

If a female dies without leaving any issue them property inherited from her father or mother the property will devolve upon

Options:

A.

Heirs of her father


B.

Heirs of her mother


C.

Heirs of her husband


D.

Heirs of her father in law


Expert Solution
Questions # 102:

The approach to global financial system which criticizes the modern financial system of promoting inequality between state players is called:

Options:

A.

Social Democratic Front


B.

Liberal View


C.

Conservative Front


D.

Neo Marxists


Expert Solution
Questions # 103:

Which of the following is/are the challenges of Private Banking?

Question # 103

Options:

A.

I, II and III


B.

I,III and IV


C.

I, II and IV


D.

All of Them


Expert Solution
Questions # 104:

Dividends received from investment would be classified as:

Options:

A.

Operating cash flow


B.

Investing cash flow


C.

Financing cash flow


D.

No cash flow impact


Expert Solution
Questions # 105:

Which of the following statement is correct?

Question # 105

Options:

A.

Only I


B.

Only II


C.

Both I and II


D.

None of them


Expert Solution
Questions # 106:

Sponsor of a Mutual Fund is like a promoter of a company

Options:

A.

TRUE


B.

FALSE


Expert Solution
Questions # 107:

In a life insurance contract, offer refers to

Options:

A.

Proposer paying the first premium


B.

Proposer’s application form for insurance


C.

Original policy bond


D.

Company brochure duly authenticated


Expert Solution
Questions # 108:

A return relative is

Options:

A.

Total return


B.

Total return +1


C.

1/ Total return


D.

1 + 1/ Total return


Expert Solution
Questions # 109:

Mr. Kashyap took a business premise on lease with the provision that he himself had to pay the insurance premium for fire and other perils on the premises and not the owner of the premises. This would be an instance of_______________ on the part of owner of the premises.

Options:

A.

Risk control


B.

Risk transfer


C.

Risk retention


D.

Risk reduction


Expert Solution
Questions # 110:

What is ‘Takaful’

Options:

A.

Power Attorney


B.

Safe keeping


C.

Islamic insurance


D.

Leasing


Expert Solution
Questions # 111:

In a Mutual Fund Structure as per the latest guidelines the fund sponsor has to contribute:

Options:

A.

At least 30% of the AMC's net worth at conforms to SEBI guidelines


B.

At least 35% of the AMC's net worth at conforms to SEBI guidelines


C.

At least 40% of the AMC's net worth at conforms to SEBI guidelines


D.

Exactly 50% of the net worth of AMC


Expert Solution
Questions # 112:

How many registered offices can a company have ?

Options:

A.

Two.


B.

Three.


C.

one office in each state.


D.

One office totally.


Expert Solution
Questions # 113:

The presence of _____ in financial markets leads to adverse selection and moral hazard problems that interfere with the efficient functioning of financial markets.

Options:

A.

non-collateralized risk


B.

free-riding


C.

asymmetric information


D.

costly state verification


Expert Solution
Questions # 114:

What is the minimum paid up capital needed to form a public limited company?

Options:

A.

No Minimum requirement


B.

Rs. 100000


C.

Rs. 500000


D.

Rs. 1000000


Expert Solution
Questions # 115:

Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called

Options:

A.

commodity markets.


B.

fund-available markets.


C.

derivative exchange markets.


D.

financial markets.


Expert Solution
Questions # 116:

__________ records net change in ownership of foreign assets

Options:

A.

Capital Account


B.

Current Account


C.

Official Reserve Account


D.

Balance of Payments


Expert Solution
Questions # 117:

NAFTA stands for

Options:

A.

North American Foreign Trade Association


B.

North American Free Trade Area


C.

North American Free Trade Agreement


D.

None of the above


Expert Solution
Questions # 118:

Decision horizon is __________

Options:

A.

Length of time between decisions to revise the portfolio


B.

Length of time between decisions to redeem the portfolio


C.

Minimum time interval over which investors can revise the portfolio


D.

None of the above


Expert Solution
Questions # 119:

The gap between Government’s total expenditure and its total receipts (excluding borrowing) is known as:

Options:

A.

Fiscal Deficit


B.

Revenue Deficit


C.

Budget Deficit


D.

Revenue Receipt


Expert Solution
Questions # 120:

Which one of the following sections of the Transfer of Property Act, defines ’Notice’

Options:

A.

Section 2


B.

Section3


C.

Section 5


D.

Explanation H of Section 3


Expert Solution
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Viewing questions 101-120 out of questions