Online Access Free GLO_CWM_LVL_1 Practice Test

Income which accrue or arise outside India from a business controlled from India is taxable in case of:

• A.Not ordinarily resident only
• B.Resident only
• C.Both ordinarily resident and not ordinarily resident
• D.Non resident

Which of the following is true of Reverse Repo rate?

• A.Determined by free market forces
• B.benchmark for long term rates
• C.Lower than repo rate
• D.Part of funding cost for commercial banks

Solvency ratio is usually __________ in the case of young couples as compared to senior citizens

• A.Lower
• B.There is no comparison
• C.Higher
• D.Equal

In "Teenage Years" life stage, one learns about ___________

• A.Earned income
• B.Budgeting
• C.How money makes money
• D.All of the above

Which of the following statements is/are false?

• A.None of the above
• B.Only II
• C.Only III
• D.I andIV