Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 416–420 (page: 85)

Updated On: 10-Feb-2026

DINK stands for _______

  1. Direct in kind funding
  2. Double income no kids
  3. Deep interest no kids
  4. None of the above

Answer(s): B



Seigniorage is ____________

  1. Cost of printing money
  2. Value of money
  3. Difference between value of money and cost to produce it
  4. None of the above

Answer(s): C



RBI has stated that KYC of banks should incorporate the following elements __________.

  1. Customer Acceptance policy
  2. Customer identification procedure
  3. Monitoring of transactions
  4. All of the above

Answer(s): D



To take care of the risks during the foreign travel, Overseas Travel Insurance policy cover provides various other covers, in addition to __________ insurance, such as baggage cover, loss of transport cover, personal accident cover, personal legal liability cover etc.

  1. Medical
  2. Health
  3. Life
  4. Property

Answer(s): A



Which Provisions of the Transfer of Property Act defines 'lease' ?

  1. Section 105
  2. Section 106
  3. Section 107
  4. Section 108

Answer(s): A



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