Free GLO_CWM_LVL_1 Exam Braindumps (page: 45)

Page 44 of 266

Which of the following is/are the challenges of Private Banking?

  1. I, II and III
  2. I,III and IV
  3. I, II and IV
  4. All of Them

Answer(s): D



In PPF the term/duration of the account is 15 years from :

  1. The end of financial year in which the account is opened.
  2. The date of deposit the first installment
  3. The 30 days of deposit the first installment
  4. The 12 months of deposit the first installment

Answer(s): A



A company is eligible to issue Commercial Paper when its tangible net worth is not less than :

  1. 3.75 Crores
  2. 4.5 Crores
  3. 4 Crores
  4. 3 Crores

Answer(s): C



...........................arises by operation of law eg trust created under MWP Act

  1. Express trust
  2. Implied trust
  3. Pre-catory trust
  4. Constructive trust

Answer(s): D






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