Free GLO_CWM_LVL_1 Exam Braindumps (page: 8)

Page 7 of 266

______ holds that the exchange of currencies should be determined not by state institutions but by individuals in the market.

  1. Liberal view
  2. Social democratic view
  3. Neo classical view
  4. Classical view

Answer(s): A



If a female dies without leaving any issue them property inherited from her father or mother the property will devolve upon

  1. Heirs of her father
  2. Heirs of her mother
  3. Heirs of her husband
  4. Heirs of her father in law

Answer(s): A



The cheapest form of life insurance which provides risk cover in the event of % death of policy holder during policy term is

  1. Endowment Insurance
  2. Money Back Policy
  3. Med claim Policy
  4. Term Insurance policy

Answer(s): D



............... mortgage is an extremely good resource for retirement planning.

  1. Simple mortgage
  2. Equitable
  3. Balloon
  4. Reverse mortgage

Answer(s): D






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