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

Free AAFM GLO_CWM_LVL_1 Real Questions (page: 39)

GDP at factor cost is equal to ________

  1. GDP at market price ­ indirect taxes + subsidies
  2. GNP at market prices ­ indirect taxes + subsidies
  3. GDP at market price + indirect taxes + subsidies
  4. GDP at market price + indirect taxes - subsidies

Answer(s): A



In addition to the contribution employer has to pay ______________% of wages as administration charges.

  1. 0.17%
  2. 0.18%
  3. 0.10%
  4. None of these

Answer(s): C



Hybrid deposit is a type of

  1. Demand Deposit
  2. Term Deposit
  3. Mutual Fund
  4. None of the above

Answer(s): B



Indicate whether the following statement is True or False. Money launderers often use professional intermediaries to layer their illegal funds. These professional intermediaries include lawyers, company formation agents, accountants and other professionals working in non-financial institutions. A banker is not generally regarded as a professional intermediary because he works in a financial institution.

  1. TRUE
  2. FALSE

Answer(s): B



At the beginning of 2006 you have invested Rs 2000 in 40 Shares of ABC Ltd. During the year you received dividends @ 7 per share. At the end of 2006 you expect to sell share for Rs. 59. Compute return?

  1. 114.80%
  2. 32%
  3. 1.32%
  4. 14.89%

Answer(s): B



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