GLO_CWM_LVL_1 Practice Test Questions

995 Questions


Topic 1: Exam Pool A

In PPF the term/duration of the account is 15 years from :


A. The end of financial year in which the account is opened.


B. The date of deposit the first installment


C. The 30 days of deposit the first installment


D. The 12 months of deposit the first installment





A.
  The end of financial year in which the account is opened.

Which of the following statement is correct?


A. Only I


B. Only II


C. Both I and II


D. None of them





C.
  Both I and II

_______ is an Over the Counter market


A. Equity


B. Debt


C. Forex


D. None of the above





C.
  Forex

GDP equals to...........


A. C + I+G + (X-M)


B. C + I-G + (X + M)


C. C-l +G-(X + M)


D. C + l +G-(X + M)





A.
  C + I+G + (X-M)

Which of the following statements is/are false?


A. Only II


B. I and IV


C. Only III


D. None of the above





A.
  Only II

Investments that are difficult to convert to cash are said to have _________


A. High Liquidity


B. Low Liquidity


C. High standard deviation


D. Low standard deviation





B.
  Low Liquidity

Mathematically the Efficient Frontier is the intersection of the Set of Portfolios with ....…. Variance and the Set of Portfolios with ……. Return.


A. Maximum, minimum


B. Minimum, maximum


C. Minimum, minimum


D. None of the above





B.
  Minimum, maximum

Wages for the purpose of gratuity payment as per the Act means


A. Basic Pay


B. Basic par and dearness allowance


C. Basic Pay, Dearness Allowance and City compensatory allowance & house rent


D. Emoluments including all allowances, bonus and commission, etc





B.
  Basic par and dearness allowance

Which of the following are the basic requirements for an existence of an HUF?


A. Only I and II


B. Only II and III


C. All of these


D. Only I and III





C.
  All of these

The effect of money laundering on the financial system is to:


A. create an opportunity for banks to increase profits


B. undermine credibility and expand control by criminals


C. improve and enhance money flows by bringing cash into the system





B.
  undermine credibility and expand control by criminals

For calculating portfolio risk, we need information for which of the following things?


A. The weights of each security in the portfolios.


B. The co-movements between the different securities measured by co-variance.


C. Both A and B above


D. None of the above





C.
  Both A and B above

The liability of members if company is limited by guarantee.


A. Unpaid value of shares


B. Guarantee amount


C. Unlimited liability


D. None of the above





B.
  Guarantee amount


Page 14 out of 83 Pages
Previous