Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 301–305 (page: 62)

Updated On: 10-Feb-2026

Joint account of two or more NRIs are permitted in case of:

  1. FCNR a/c
  2. NRE a/c
  3. NRO a/c
  4. All of the above

Answer(s): D



Which of the above mentioned could be reduced after appropriate diversification?

  1. Market risk (systematic risk)
  2. Unsystematic risk (company specific risk)
  3. Political risk
  4. Inflation risk

Answer(s): B



What is the most essential characteristic to be in existence at the stage of establishing client relationship?

  1. Collection of personal details
  2. Establishing trust and confidence
  3. Data gathering from the client
  4. Providing the client with an healthy atmosphere

Answer(s): B



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



While granting a bank license, RBI considers all of the following, except ________."

  1. Ability to pay depositors
  2. Price of equity share of company
  3. Character of proposed management
  4. Whether public interest will be served by grant of license to the company

Answer(s): B



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