Free GLO_CWM_LVL_1 Exam Braindumps (page: 41)

Page 40 of 266

M3 growth refers to ........

  1. Growth in GDP
  2. Growth in inflation
  3. Growth in money supply
  4. Growth in demand for money

Answer(s): C



Mr. Kashyap took a business premise on lease with the provision that he himself had to pay the insurance premium for fire and other perils on the premises and not the owner of the premises. This would be an instance of_______________ on the part of owner of the premises.

  1. Risk control
  2. Risk transfer
  3. Risk retention
  4. Risk reduction

Answer(s): B



Which school is prevalent all over India

  1. Dayabhaga
  2. Mitakshara
  3. Both
  4. None of the above

Answer(s): B



The gap between Government's total expenditure and its total receipts (excluding borrowing) is known as:

  1. Fiscal Deficit
  2. Revenue Deficit
  3. Budget Deficit
  4. Revenue Receipt

Answer(s): A






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