Free GLO_CWM_LVL_1 Exam Braindumps
Chartered Wealth Manager (CWM) Global Examination Questions 466–470 (page: 95)

Updated On: 10-Feb-2026

As per Hindu succession Act

  1. Full blood relations are preferred over half blood relations
  2. Cognate heirs are preferred over agnate heirs
  3. Both of the above are correct
  4. None of the above are correct

Answer(s): A



Which of the following is not a characteristic of defined benefit plan?

  1. Benefit levels are guaranteed
  2. These plans are easy to design and explain to employees
  3. actuarial assumptions are necessary to determine actual contribution amounts
  4. Employer is subject to a recurring annual funding obligation

Answer(s): B



What is the minimum paid up capital needed to form a Pvt. Company?

  1. No Minimum requirement
  2. Rs. 50000
  3. Rs. 100000
  4. Rs. 500000

Answer(s): C



Which of the following is/are not the statutory objectives of Financial Service Authority(FSA) of UK?

  1. Only IV
  2. III and IV
  3. Only III
  4. None of the Above

Answer(s): C



"This is the "crowding out" theory: Increased government borrowing crowds household and business investment out of limited savings, driving up _______, but not raising total demand." Fill in the blank.

  1. taxes
  2. inflation
  3. interest rates
  4. employment

Answer(s): C



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