Free CWM_LEVEL_2 Exam Braindumps (page: 7)

Page 7 of 22

When Government adjusts its economic policy through the Central Budget, it is exercising

  1. Fiscal Policy
  2. Exchange Rate Policy
  3. Monetary Policy
  4. Income Policy

Answer(s): A



An Agreement entered into between the seller and buyer for transfer of the right/ownership of the property on an outright sale/purchase is known as

  1. Lease / Tenancy Agreement
  2. Development Agreement
  3. Agreement for Sale
  4. Indemnity Bond

Answer(s): C



Mr. Mishra is working in a reputed company and earning Rs. 5,00,000 p.a. and is now 50 years old. He has invested Rs. 2,50,000 in an annuity which will pay him after 5 years a certain amount p.a. at the end of every year for 10 years. Rate of interest is 8% p.a. Calculate how much he will receive at the end of every year after 5 years?

  1. Rs. 4,403
  2. Rs. 53,927
  3. Rs. 3,67,332
  4. Rs. 54,743

Answer(s): B



What deals with the double-edged enigma of why individuals like dividends (in developed countries where dividends are taxable) and why this method of income distribution persists in light of quite burdensome double taxation?

  1. Theory of Limited Arbitrage
  2. Equity Premium Puzzle
  3. Present-Biased Preferences
  4. Dividend Puzzle

Answer(s): D



Page 7 of 22



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