Free GLO_CWM_LVL_1 Exam Braindumps (page: 38)

Page 37 of 266

If the deceased has two widows, four sons and two daughters then what is the share of each widow

  1. One seventh of estate
  2. One half of estate
  3. One eighth portion
  4. One fourteenth portion

Answer(s): D



The Number of foreign Banks operating in India is

  1. 20
  2. 25
  3. 28
  4. 32

Answer(s): D



A public trust is created for the benefit of

  1. Individuals only
  2. Family member
  3. Uncertain and fluctuating body of persons
  4. Charitable purposes only

Answer(s): C



A "Family Office" segment client has investible assets worth of

  1. $20,000,000
  2. $50,000,000
  3. $75,000,000
  4. $100,000,000

Answer(s): D






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