Free Access AAFM.GLO_CWM_LVL_1.v2021-10-25.q359 Practice Test (Page 49)

For a "single income family" priority is on

A.Investing in Mutual Funds to grow wealth

B.None of the above

C.Protecting income via a term plan

D.Investing in commodities to grow wealth

Which of the following is not a business risk?

A.Change of business cycles

B.Change in Government policy

C.Changes in Interest Rate

D.Change in Government Law which affecting a particular industry

Fixed exchange-rate systems maintained by a gold standard have difficulty achieving equilibrium if

A.the money supply falls with deficits.

B.the money supply rises with surpluses.

C.inflation of costs and prices occurs with a balance-of-payments surplus.

D.changes in the money supply are unrelated to the state of the balance of payments.

In case of resident of India, income from property situated in foreign country is taxable

A.Not taxable

B.Whether it is received in India or not

C.When it is brought in India or not

D.When it is received in India

All stock market indexes are most accurately characterized by which of the following statements about the degree to which they co-vary together?

A.They are uncorrelated

B.They are negatively correlated

C.They are highly positively correlated

D.They are perfectly positively correlated

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