Free GLO_CWM_LVL_1 Exam Braindumps (page: 58)

Page 57 of 266

_______________ and _______________ mandates are two kinds of service level contracts

  1. Advisory, Discretionary
  2. Discretionary, Managed
  3. Advisory, Managed
  4. None of the above

Answer(s): A



The trust is empty at creation during life and will transfer the property into the trust at death

  1. Special trust
  2. Will trust
  3. Secret trust
  4. Pourover trust

Answer(s): D



When Government adjusts its economic policy through the Central Budget, it is exercising_________

  1. Fiscal policy
  2. Exchange rate policy
  3. Monetary policy
  4. Income policy

Answer(s): A



What is `Takaful'

  1. Power Attorney
  2. Safe keeping
  3. Islamic insurance
  4. Leasing

Answer(s): C






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