Free GLO_CWM_LVL_1 Exam Braindumps (page: 39)

Page 38 of 266

BIS handles each of the following, except ________.

  1. Forum to promote discussion and policy analysis
  2. Centre for economic and monetary research
  3. Credit rating of global banks
  4. Prime counter-party for central banks

Answer(s): C



In case of resident of India, income from property situated in foreign country is taxable

  1. When it is received in India
  2. When it is brought in India or not
  3. Whether it is received in India or not
  4. Not taxable

Answer(s): C



A kind of lease in business organisations wherein the lesssor and lessee agree to a payment schedule

(normally some months) have no payment and penalty

  1. Sub-lease
  2. Pre-Paid Purchase Lease
  3. Skip Lease
  4. True Lease

Answer(s): C



_______ is an unconditional written order to pay money.

  1. Bill of Exchange
  2. Cheque
  3. Both of the above
  4. None of the above

Answer(s): C






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