Free GLO_CWM_LVL_1 Exam Braindumps (page: 42)

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Mr. Rajesh was the owner of an uninsured property. But unfortunetaly the property caught fire because of which he suffered severe financial losses. The reason Mr. Rajesh suffered losses as he did not cover:

  1. The investment risk
  2. The pure risk
  3. The speculative risk
  4. The dynamic risk

Answer(s): B



Solvency ratio is usually __________ in the case of young couples as compared to senior citizens

  1. Lower
  2. Higher
  3. Equal
  4. There is no comparison

Answer(s): A



Wills which are not valid in India except in case of privileged wills or in case of Mahomadans are called as:

  1. Mutual wills
  2. Concurrent wills
  3. Nuncupative wills
  4. Holograph wills

Answer(s): C



Bond price is inversely related to yields

  1. TRUE
  2. FALSE

Answer(s): A






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