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Practice AAFM GLO_CWM_LVL_1 Exam Questions

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  Total 1057 Questions
Question No 1

Notice of loss should be given to the insurer within ________days of the event of loss.

Choose the Choices:

30

15

7

21

C
Question No 2

For calculating the benefit under Entertainment allowance, salary means,

Choose the Choices:

Basic Salary

Basic Salary + DA

Basic Salary + DA + commission

Basic Salary + DA + commission + Bonus

B
Question No 3

The following is capital receipt:

Choose the Choices:

Dividend from investment;

Bonus shares;

Sale of technological know - how;

Compensation received for compulsory evacuation of place of business.

D
Question No 4

Hedging with commodity futures

Choose the Choices:

reduces the risk of loss

results when an investor buys a contract

occurs when the individual takes delivery

is the opposite of selling short

A
Question No 5

“Premium” is associated with

Choose the Choices:

Forward

Futures

Options

All of the above

C
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Practice AAFM GLO_CWM_LVL_1 Exam Questions

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