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GLO_CWM_LVL_1 Exam Dumps - Chartered Wealth Manager (CWM) Global Examination

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Question # 137

Banks, savings and loan associations, mutual savings banks, and credit unions

A.

are no longer important players in financial intermediation.

B.

have been providing services only to small depositors since deregulation.

C.

have been adept at innovating in response to changes in the regulatory environment.

D.

All of the above.

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Question # 138

A good wealth management plan must include an analysis of all of the following EXCEPT

A.

Where you are now

B.

Where you want to be

C.

Why you failed previously

D.

How to reach your goals

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Question # 139

Markets in which funds are transferred from those who have excess funds available to those who have a shortage of available funds are called

A.

commodity markets.

B.

fund-available markets.

C.

derivative exchange markets.

D.

financial markets.

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Question # 140

SHG stands for:

A.

Society Housing Group

B.

Society Household Group

C.

Self House Group

D.

Self Help Group

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Question # 141

______ holds that the exchange of currencies should be determined not by state institutions but by individuals in the market.

A.

Liberal view

B.

Social democratic view

C.

Neo classical view

D.

Classical view

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Question # 142

Premium under endowment plans equals

A.

risk premium+ savings element +expenses

B.

risk premium +expenses

C.

risk premium +saving element

D.

none of these

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Question # 143

Where one can open an account under the Public Provident Fund Scheme, 1968?

A.

In any branch of the State Bank of India.

B.

In any branch of the State Bank of India, and its subsidiaries.

C.

In any branch of the State Bank of India, and its subsidiaries, or in any Head Post Office or any selected sub post office.

D.

In any branch of the State Bank Of India, and its subsidiaries, or in any Head Post Office or any selected sub post office or in any of the nationalized banks.

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Question # 144

Under Car loan overdraft scheme, borrower will not be eligible for:

A.

Cheque book

B.

ATM cum debit card

C.

Credit card

D.

Internet banking facility

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