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Chartered Wealth Manager (CWM) Global Examination

Last Update 19 hours ago Total Questions : 1057

The Chartered Wealth Manager (CWM) Global Examination content is now fully updated, with all current exam questions added 19 hours ago. Deciding to include GLO_CWM_LVL_1 practice exam questions in your study plan goes far beyond basic test preparation.

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Question # 4

A situation in which an owner of more than 50% of voting shares can elect the entire board of directors is known as

A.

Distributed voting

B.

Cumulative voting

C.

Straight voting

D.

Discretionary voting

Question # 5

Minimum number of independent directors on the board of Asset Management Company is

A.

50%

B.

60%

C.

75%

D.

66.67%

Question # 6

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

Question # 7

RBI has stated that KYC of banks should incorporate the following elements __________.

A.

Customer Acceptance policy

B.

Customer identification procedure

C.

Monitoring of transactions

D.

All of the above

Question # 8

Duration of National Savings Certificate is

A.

5 years

B.

6 years

C.

7 years

D.

10 years

Question # 9

The interest payable for a housing loan outside India is not allowed as a deduction U/S 24 (1) while computing the income from house property?

A.

True

B.

FALSE

Question # 10

PTA stands for

A.

Parent Teacher Association

B.

Preferential Trading Area

C.

Preferential Transportation Assembly

D.

Payment Trade Ambit

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