CWM_LEVEL_2

CWM_LEVEL_2 practice questions, page 5 of 7, with answer review and explanations.

Question 21

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

  1. 30
  2. 15
  3. 7
  4. 21

Question 22

A firm has a higher asset turnover ratio than the industry average, which implies that

  1. The firm has a higher P/E ratio than other firms in the industry
  2. The firm is more likely to avoid insolvency in the short run than other firms in the industry
  3. The firm is more profitable than other firms in the industry
  4. The firm is utilizing assets more efficiently than other firms in the industry

Question 23

When two banks simply agree to exchange a portion of their customers’ loan repayments, they are using a

  1. Credit Option
  2. Standby Letter of Credit - С. Credit Linked Note
  3. Credit Swap

Question 24

Which one of the following can be availed while a company is making an IPO?

  1. Differential Pricing
  2. Price Band
  3. Green-shoe
  4. All of the above

Question 25

When Government adjusts its economic policy through the Central Budget, it is exercising

  1. Fiscal Policy
  2. Exchange Rate Policy
  3. Monetary Policy
  4. Income Policy