GLO_CWM_LVL_1 Practice Test Questions

387 Questions


Topic 1: Exam Pool A

A “Family Office” segment client has investible assets worth of


A. $20,000,000


B. $50,000,000


C. $75,000,000


D. $100,000,000





D.
  $100,000,000

According to the dividend-growth model, the valuation of common stock depends on


A. I and II


B. I and III


C. II and III


D. All of the above





A.
  I and II

Equity Financing


A. Has to be repaid back


B. Requires collateral


C. Requires interest payment


D. Allows to receive tax free dividends





D.
  Allows to receive tax free dividends

Which school is prevalent all over India


A. Dayabhaga


B. Mitakshara


C. Both


D. None of the above





B.
  Mitakshara

All stock market indexes are most accurately characterized by which of the following statements about the degree to which they co-vary together?


A. They are perfectly positively correlated


B. They are highly positively correlated


C. They are uncorrelated


D. They are negatively correlated





B.
  They are highly positively correlated

Vehicle finance is made cheaper through _________.


A. Better insurance cover


B. Special arrangement with manufacturer


C. Navigation system in the car


D. Higher engine capacity





B.
  Special arrangement with manufacturer

Net Interest income is


A. Interest earned on advances


B. Interest earned on investments


C. Total interest earned on advances and investment


D. Difference between interest earned and interest paid





D.
  Difference between interest earned and interest paid

Rate of interest in post office MIS is


A. 6.50%


B. 7.50%


C. 8.50%


D. 9.50%





C.
  8.50%

NAFTA stands for


A. North American Foreign Trade Association


B. North American Free Trade Area


C. North American Free Trade Agreement


D. None of the above





C.
  North American Free Trade Agreement

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.


A. Risk control


B. Risk transfer


C. Risk retention


D. Risk reduction





B.
  Risk transfer

Which of the following Mutual Funds was not set up within the Phase 2: 1987-1993 ?


A. Canbank Mutual Fund


B. Kothari Pioneer Mutual Fund


C. SBI Mutual Fund


D. LIC Mutual Fund





B.
  Kothari Pioneer Mutual Fund

In case of non-resident, who is carrying on shipping business, his Indian income shall be presumed to be:


A. 5% of certain amount received


B. 7.5% of certain amount received


C. 10% of certain amount received


D. 8.5% of certain amount received





B.
  7.5% of certain amount received


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