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 GLO_CWM_LVL_1 Dumps with Practice Exam Questions Answers

Questions: 1057 questions

Last Update: Jun 8, 2023

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GLO_CWM_LVL_1 Questions and Answers

Question # 1

The difference between aggregate disbursements net of debt repayments and recovery of loans and revenue receipts and non debt capital receipts is called:


Conventional Deficit


Gross Fiscal Deficit


Net Fiscal Deficit


Primary Deficit

Question # 2

Amount of liability of payment of gratuity is calculated at the rate of


One month’s wage for each completed year of service


20days wages for each completed year of service


Half a month’s wage for each completed year of service


15 day’s wage for each completed year of service

Question # 3

If a Rs. 100 par value preferred stock pays an annual dividend of Rs. 5 and comparable yields are 10 percent, the price of this preferred stock will be


Rs. 100


Rs. 75


Rs. 50


Rs. 25

Question # 4

Mr. Shivam Sharma expects to receive Rs 25000 in net receipts each year for five year and to sell the property for Rs 350,000 at the end of the five-year period, if Mr. Sharma expects a 15% return, what would be the value of the property?


Rs. 3,25,000


Rs. 2,57,818


Rs. 2,60,000


Rs. 2,60,000

Question # 5

Concept of final pay is a feature of


Defined benefit plan


Defined contribution plan


Hybrid plan


None of the above