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

Free AAFM GLO_CWM_LVL_1 Real Questions (page: 41)

Document required to open a bank account is/are

  1. Identity Proof
  2. Residence Proof
  3. Photographs
  4. All of the above

Answer(s): D



In Money laundering, a transaction involving cash used to buy high value goods,property or business assets is an example of which stage?

  1. Layering
  2. Placement
  3. Integration
  4. Confirmation

Answer(s): B



Interest rate charged are higher in ...............

  1. Prime mortgage
  2. Sub prime mortgage
  3. Simple mortgage
  4. None of the above

Answer(s): B



A measure of the riskiness of an asset held in isolation is _____________.

  1. Beta
  2. Standard deviation
  3. Covariance
  4. Semi-variance

Answer(s): B



A bank normally does not have to deal with an issue related to

  1. Payments and settlement system
  2. Contractual rights of creditors
  3. Intellectual property rights
  4. Case of insolvency

Answer(s): C



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