GLO_CWM_LVL_1 Practice Test Questions

1031 Questions


Topic 2: Exam Pool B

One should accept a project if NPV is


A. Positive


B. 0


C. Negative


D. None of the above





A.
  Positive

High powered money refers to.................


A. Currency with public.


B. Bankers deposits with RBI


C. Cash with banks


D. All of the above





D.
  All of the above

A lease which is short term in nature usually 3 years or less ,associated with high tech equipment or property which is prone to technological obsolesence


A. True Lease


B. Financial Lease


C. Skip Lease


D. Sub Lease





A.
  True Lease

Which portion of his property can a muslim normally be guest according to muslim personal law?


A. One Fourth


B. One Third


C. Half


D. Fully





B.
  One Third

If the rates of return from a security are not at all related to the market returns, then the beta for that security will be:


A. 1


B. 0


C. Between 0and 1


D. Greater than 1 or less than -1





B.
  0

Creation of an Estate Plan normally occurs during __________


A. Conservation Stage


B. Distribution stage


C. Sunset stage


D. None of the above





B.
  Distribution stage

Which of the following measures is based only on two observations in a data set?


A. Arithmetic mean


B. Standard deviation


C. Geometric mean


D. Range





D.
  Range

Under flexible exchange rates a small open economy should


A. lose control of its monetary policy


B. be insulated from its trading partners' inflation


C. tend to experience the inflation of its trading partners


D. find that changes in its interest rates match changes in its trading partner's interest rates





B.
  be insulated from its trading partners' inflation

Minimum number of employees in an establishment for it to come under the purview of the Payment of Gratuity act is ______


A. 20 and above


B. Above 20


C. 10 and above


D. Above 10





C.
  10 and above

GDP refers to ..............


A. Market value of all final goods and services produced within the country during a year.


B. Net value of final goods and services produced in domestic economy each year


C. Production from Pvt. and Public Sector during the year


D. None of the above





A.
  Market value of all final goods and services produced within the country during a year.

The premium on all other riders put together should not exceed _____ of the premium on the base policy


A. 10%


B. 20%


C. 30%


D. 50%





C.
  30%

The act of contravening the object clause is called as:


A. Intra vires act.


B. Ultra vires act.


C. Void act.


D. Actusreus.





B.
  Ultra vires act.


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