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Free GLO_CWM_LVL_1 Exam Braindumps (page: 17)

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QUESTION: 61 Exam Topic: 1, Exam Pool A

Interest on savings bank accounts is paid on _______.

lowest balance between 10th and 30th of the month
lowest balance between 10th and the end of the month
daily balance during the month
lowest balance between 1st and 10th of the month

Answer(s): C

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QUESTION: 62 Exam Topic: 1, Exam Pool A

How many types of power of attorney are there?

One
Two
Three
Four

Answer(s): B

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QUESTION: 63 Exam Topic: 1, Exam Pool A

In a life insurance contract, offer refers to

Proposer paying the first premium
Proposer's application form for insurance
Original policy bond
Company brochure duly authenticated

Answer(s): B

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QUESTION: 64 Exam Topic: 1, Exam Pool A

Criminals use ______ to camouflage money flow from criminal activities and pass it off as regular legal money flows.

Money Laundering
Smuggling
Drug Trafficking
Pay Pal

Answer(s): A

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