GLO_CWM_LVL_1 Practice Test Questions

995 Questions


Topic 1: Exam Pool A

If the dispersion around a security's return is larger


A. the expected return is smaller


B. the standard deviation is smaller


C. the stock's price is higher


D. the security's risk is higher





D.
  the security's risk is higher

Which principle apply to life insurance contracts?


A. Principal of Indemnity


B. Doctrine of subrogation


C. Doctrine of contribution


D. None of the above





D.
  None of the above

A company is eligible to issue Commercial Paper when its tangible net worth is not less than :


A. 3.75 Crores


B. 4.5 Crores


C. 4 Crores


D. 3 Crores





C.
  4 Crores

Under Car loan overdraft scheme, borrower will not be eligible for:


A. Cheque book


B. ATM cum debit card


C. Credit card


D. Internet banking facility





C.
  Credit card

A bond, issued in a foreign country, is denominated in a currency other than the currency of the country in which it is issued is called:


A. Euro Bond


B. Samurai Bond


C. Yankee Bond


D. Foreign Bond





A.
  Euro Bond

Within how many days prospectus or statement in lieu of prospectus should file with ROC


A. 30


B. 40


C. 20


D. 50





A.
  30

Aakash a trustee for Mahesh allows the trust to be executed solely by his co-trustee, Suresh. Suresh misapplies the trust property. Is Aakash personally answerable to the loss?


A. Yes


B. No





A.
  Yes

In addition to the contribution employer has to pay ______________% of wages as administration charges.


A. 0.17%


B. 0.18%


C. 0.10%


D. None of these





C.
  0.10%

How many sections are there in Householder’s Insurance Policy?


A. 15


B. 10


C. 12


D. 14





B.
  10

_________ is a key determinant indicating availability of banking services for the entire economy.


A. RTGS


B. NEFT


C. Reach of bank network


D. Number of bankers





C.
  Reach of bank network

Post office term deposit can be opened for 10 years


A. True


B. False





B.
  False

SRO stands for


A. Supervisor Range Operations


B. Statutory Regulation Offer


C. Self Regulatory Organization


D. Service Request Order





C.
  Self Regulatory Organization


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