AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Exam Questions in PDF

Free AAFM GLO_CWM_LVL_1 Dumps Questions (page: 32)

Identify the stage in the money laundering process where funds are being constantly moved or re- characterised to conceal their origins.
This stage is known as:

  1. placement
  2. layering
  3. integration
  4. All of the above

Answer(s): B



M3 growth refers to ........

  1. Growth in GDP
  2. Growth in inflation
  3. Growth in money supply
  4. Growth in demand for money

Answer(s): C



Mr. Kashyap took a business premise on lease with the provision that he himself had to pay the insurance premium for fire and other perils on the premises and not the owner of the premises. This would be an instance of_______________ on the part of owner of the premises.

  1. Risk control
  2. Risk transfer
  3. Risk retention
  4. Risk reduction

Answer(s): B



Which school is prevalent all over India

  1. Dayabhaga
  2. Mitakshara
  3. Both
  4. None of the above

Answer(s): B



The gap between Government's total expenditure and its total receipts (excluding borrowing) is known as:

  1. Fiscal Deficit
  2. Revenue Deficit
  3. Budget Deficit
  4. Revenue Receipt

Answer(s): A



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