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Free GLO_CWM_LVL_1 Exam Braindumps (page: 27)

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QUESTION: 101 Exam Topic: 1, Exam Pool A

"Between the four items - Deposits; Borrowings; Reserves & Surplus; and Capital, which would appear last in the balance sheet of a bank?"

Borrowings
Deposits
Reserves & Surplus
Capital

Answer(s): A

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QUESTION: 102 Exam Topic: 1, Exam Pool A

Which of the following is not true?

Only II
Only I and II
Only III
None of these

Answer(s): A

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QUESTION: 103 Exam Topic: 1, Exam Pool A

Tax exemption limit for the lump sum received towards Leave encashment on retirement is at _______________

Rs. 3.5 lacs
Rs. 3 lacs
Rs. 2.4 lacs
Rs. 2 lacs

Answer(s): B

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QUESTION: 104 Exam Topic: 1, Exam Pool A

Customers with good credit rating is eligible for ...............

Sub prime mortgage
Simple
Prime rate mortgage
Reverse mortgage

Answer(s): C

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