Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 381–385 (page: 78)

Updated On: 10-Feb-2026

ln which of the following conditions the lease can be terminated

  1. Efflux of time
  2. On termination of less0r's interest or power
  3. On merger
  4. All the above

Answer(s): D



The demand for insurance tends to be inelastic because of

  1. Statutory requirements
  2. Financial prudence
  3. Business transaction requirements
  4. All of the above.

Answer(s): D



The act of contravening the object clause is called as:

  1. Intra vires act.
  2. Ultra vires act.
  3. Void act.
  4. Actusreus.

Answer(s): B



What do you mean by `Wadiah'

  1. Safe keeping
  2. Sale
  3. Profit sharing
  4. Leasing

Answer(s): A



_______ prospectus were issued in order to test the market before finalizing issue size/ price

  1. Deemed
  2. Shelf
  3. Red herring
  4. None of the above

Answer(s): C



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