The Bretton Woods system was set up on the theory that

A. deficits were temporary and could be financed by international assistance.

B. exchange rates would be used to achieve equilibrium.

C. the gold standard would ultimately be restored.

D. balance-of-payments deficits should be related to decreases in a country’s money supply.

At which of the three stages of money laundering is it generally easiest to detect money laundering activity?

A. placement

B. layering

C. integration

D. All of the above

A person is said to be Agnate of another if the two of them are related by blood or adoption entirely or wholly through males.

A. True

B. False

Interest on savings bank accounts is paid on _______.

A. lowest balance between 10th and 30th of the month

B. lowest balance between 10th and the end of the month

C. daily balance during the month

D. lowest balance between 1st and 10th of the month

Trust banks are ____________

A. UK equivalent of traditional American private bank

B. US equivalent of traditional European private bank

C. Japanese equivalent of traditional European private bank

D. None of the above

Some institutions may be used by criminals to transfer and hide illegal wealth. The institutions are often located in countries with well-developed secrecy laws and attractive tax structures. These institutions are called:

A. Offshore banks

B. Trusts

C. Shell companies

D. Front companies

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

A. Social Democratic Front

B. Liberal View

C. Conservative Front

D. Neo Marxists

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

A. Section 2

B. Section3

C. Section 5

D. Explanation H of Section 3

Which of the following is not true?

A. Only II

B. Only I and II

C. Only III

D. None of these

Under a post office recurring deposit account, loan up to ______ of the deposit may be taken after __________ year and before maturity.

A. Full, 2

B. Half, 1

C. Full, 3

D. Half. 3

When Government spends more than what it earns, the difference is called...............

A. Monetary Deficit

B. Revenue Deficit

C. Budget Deficit

D. Revenue Receipt

A good wealth management plan must include an analysis of all of the following EXCEPT

A. Where you are now

B. Where you want to be

C. Why you failed previously

D. How to reach your goals