Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 561–565 (page: 114)

Updated On: 10-Feb-2026

Under flexible exchange rates a small open economy should

  1. lose control of its monetary policy
  2. be insulated from its trading partners' inflation
  3. tend to experience the inflation of its trading partners
  4. find that changes in its interest rates match changes in its trading partner's interest rates

Answer(s): B



IMF has _____ directors

  1. 5
  2. 10
  3. 15
  4. 24

Answer(s): D



Scholarship received by a student was Rs. 2,000 per month. He spends Rs. 15,000 for meeting the cost of education during the year. The treatment for the balance amount Rs. 9,000 is:

  1. Taxable
  2. A casual income
  3. Exempt
  4. None of the above

Answer(s): C



The economic environment covers following factors..........

  1. Inflation
  2. Unemployment
  3. Productivity
  4. All the above

Answer(s): D



Arun started a 20-year term insurance policy. Once established, when, if at all, is the insurer next entitled to ask him for proof of continuing good health?

  1. At no point
  2. After the end of the first 12 months
  3. At the point when he changes occupation or retires
  4. When a lapsed policy is revived

Answer(s): D



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