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Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 496–500 (page: 101)

Updated On: 10-Feb-2026
Page 101 of 213
PDF with 1057 Questions

All the following statements concerning unsystematic risk are correct EXCEPT:

  1. It cannot be reduced by diversification.
  2. It is that portion of total risk that is unique to the particular firm.
  3. It may be affected b changes in consumer preferences and the competence of the firm's management.
  4. Such risk may be independent of factors affecting other industries

Answer(s): A



Deposit in cash in SB Accounts can be in minimum of:

  1. Rs. 10
  2. Rs. 20
  3. Rs. 30
  4. Rs. 50

Answer(s): A



Which is not the condition for getting superannuation fund approved?

  1. All the benefits should be payable only in India
  2. Employee should be contributor to the fund
  3. Employer should be contributor to fund
  4. Funds have to be invested as per income tax rules1962

Answer(s): B



What is the Relationship of Banker with the payee of a draft issued by the Bank?

  1. Agent and principle
  2. Trustee and Beneficiary
  3. Debtor and Creditor
  4. Bailee and Bailor

Answer(s): B



Wealth Erosion can happen due to _______

  1. Reduction in value of currency
  2. Fall in interest rates
  3. Inadequate insurance cover
  4. All of the above

Answer(s): D



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