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Free GLO_CWM_LVL_1 Exam Braindumps (page: 17)

Page 17 of 266
PDF with 1057 Questions

Interest on savings bank accounts is paid on _______.

  1. lowest balance between 10th and 30th of the month
  2. lowest balance between 10th and the end of the month
  3. daily balance during the month
  4. lowest balance between 1st and 10th of the month

Answer(s): C



How many types of power of attorney are there?

  1. One
  2. Two
  3. Three
  4. Four

Answer(s): B



In a life insurance contract, offer refers to

  1. Proposer paying the first premium
  2. Proposer's application form for insurance
  3. Original policy bond
  4. Company brochure duly authenticated

Answer(s): B



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

  1. Money Laundering
  2. Smuggling
  3. Drug Trafficking
  4. Pay Pal

Answer(s): A






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