CWM-LEVEL-2 Sample Questions & Answers
Free Cwm_level_2 practice questions with worked answers and explanations. See how the ExamJungle simulator prepares you — then jump into the full test.
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- Question 1Intermediate
Which of the following model was issued in double taxation convention on income and capital? A.The OECD ModelB.The UN ModelC.The FATF ModelD.The OPEC Model
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Correct answer: A
- Question 2Intermediate
A bank is considering approving a loan to Sumit Nayyar. Mr. Sumit has Rs. 1,00,000 in the bank right now but generally keeps a balance of Rs. 4,50,000 most of the year. In this fact, what is the aspect of evaluating a consumer loan application most concerned with? A.Character and PurposeB.Income LevelC.Deposit BalanceD.Employment and Residential Stability
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Correct answer: B
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