Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 251–255 (page: 52)

Updated On: 10-Feb-2026

When Government spends more than what it earns, the difference is called...............

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

Answer(s): B



Which of the following is not a business risk?

  1. Change of business cycles
  2. Change in Government policy
  3. Change in Government Law which affecting a particular industry
  4. Changes in Interest Rate

Answer(s): D



Which of the following is a type of Demand Deposit?

  1. Fixed Deposit
  2. Savings Account
  3. Recurring Deposit
  4. FCNR account

Answer(s): B



Sponsor of a Mutual Fund is like a promoter of a company

  1. TRUE
  2. FALSE

Answer(s): A



Mr. Syelwester Andrews,a Resident Indian, has income derived from rubber plantation in Malaysia.It shall be treated as:

  1. Agricultural income and hence exempt
  2. Agricultural income but taxable under the head Income from Other Sources
  3. Exempt as earned outside India
  4. Taxable in Malaysia

Answer(s): B



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