GLO_CWM_LVL_1 Chartered Wealth Manager (CWM) Global Examination

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Showing 16–18 of 20 questions

Question 16 (Exam Pool A)

Which of the following is true of Reverse Repo rate?

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  • Determined by free market forces

  • Lower than repo rate

  • benchmark for long term rates

  • Part of funding cost for commercial banks


Question 17 (Exam Pool A)

Which of the following can be a scheduled bank?

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  • Public Sector Banks

  • Private Sector Banks

  • Co-operative Banks

  • All of the above


Question 18 (Exam Pool A)

In a life insurance contract, offer refers to

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  • Proposer paying the first premium

  • Proposer’s application form for insurance

  • Original policy bond

  • Company brochure duly authenticated