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Free CWM_LEVEL_2 Exam Braindumps (page: 4)

Page 3 of 22
PDF with 1259 Questions

Essential characteristics of a Will is/are

  1. Legal Declaration
  2. Disposition of Property
  3. Revocability
  4. All of the above

Answer(s): D



CRM as a discipline that depends on people, process, information and

  1. Technology
  2. Innovation
  3. Discovery
  4. All of the above

Answer(s): D



What is the present value of an annuity which pays Rs. 10,000 for 3 years at the end of each year, assuming ROI @7% per annum compounded annually?

  1. Rs. 28,080.18
  2. Rs. 26,243.16
  3. Rs. 34,400
  4. Rs. 27,243.54

Answer(s): A



By agreeing to service any assets that are packaged together in the securitization process a bank can

  1. Ensure the assets that are packaged and securitized remain in the package and are not sold off
  2. Choose the best loans to go through the securitization process
  3. Earn added fee income
  4. Liquidate any assets it chooses

Answer(s): C






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