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Questions came word by
word from this dump

GLO_CWM_LVL_1 Questions and Answers

Question # 1

The interest payable for a housing loan outside India is not allowed as a deduction U/S 24 (1) while computing the income from house property?

A.

True

B.

FALSE

Question # 2

What do you mean by Caveat Emptor?

A.

of utmost good faith

B.

Let the buyer be aware

C.

Making good the loss

D.

None of the above

Question # 3

If an investor's excess return is negative,

A.

the realized return was less than the return earned by the market

B.

the required return exceeded the realized return

C.

the investor constructed a poorly diversified portfolio

D.

the investor's portfolio had excessive diversification

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