Free Access AAFM.GLO_CWM_LVL_1.v2022-03-02.q349 Practice Test (Page 6)

Question 21

International credit cards can be used by Indians for _________.

A.International travel

B.Any of the above

C.International software

D.International magazines

Question 22

An approved superannuation fund must have a minimum of _______ trustees

A.2

B.4

C.3

D.No restriction is applicable

Question 23

The shares of Alpha were bought on Jan 1 for Rs 110/-. During the year Alpha paid a dividend of Rs 2/- per share. At the end of the year, share of Alpha was sold for Rs 115/- What is the total return on Alpha?

A.8.42%

B.6.36%

C.7%

D.4.36%

Question 24

Contribution under a defined benefit plan

A.Will remain unaltered once earned

B.Will be fixed in relation to the wages earned

C.Will be determined based on the benefits earned

D.Will be decided by the members of the benefit scheme

Question 25

Which of the above mentioned could be reduced after appropriate diversification?

A.Market risk (systematic risk)

B.Political risk

C.Unsystematic risk (company specific risk)

D.Inflation risk

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Question 21

Question 22

Question 23

Question 24

Question 25

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