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Questions # 1:

The type of organisation that provides securities underwriting services is known as a

Options:
A.

Investment bank

B.

Insurance company

C.

Commercial bank

D.

Pension fund

Questions # 2:

The ISO currency code 'CHF represents:

Options:
A.

Ivory Coast Franc

B.

Chinese Renminbi

C.

Swiss France

D.

Norwegian Krone

Questions # 3:

The type of organisation that specializes in deposit-taking and cash loans is known as a:

Options:
A.

Mutual fund

B.

Commercial bank

C.

Investment bank

D.

Private bank

Questions # 4:

The ISIN stands for:

Options:
A.

International Securities Identification Number; a 13-character alpha-numeric code

B.

International Secondary ID Notation; a 13-character alpha-numeric code

C.

International Securities Identification Number; a 12-character alpha-numeric code

D.

International Secondary ID Notation; a 12-character alpha-numeric code

Questions # 5:

The market in which debt is issued over the long-term describes:

Options:
A.

The money market

B.

The foreign exchange market

C.

The capital market

D.

The equity market

Questions # 6:

The physical substances of natural gas/ barley and zinc fall within the following financial heading:

Options:
A.

Cash

B.

Derivatives

C.

Commodities

D.

Securities

Questions # 7:

From the perspective of one party to a securities trade, Free of Payment settlement without risk means:

Options:
A.

Delivering an asset to the counterparty prior to receipt of the contra asset from the counterparty

B.

Simultaneously exchanging securities and cash with the counterparty

C.

Delivering an asset to the counterparty following successful exchange of trade confirmations

D.

Receiving the counterparty's asset before instructing release of the contra asset

Questions # 8:

The price of a bond trade which excludes accrued interest is known as:

Options:
A.

A dirty price

B.

A fresh price

C.

A clean price

D.

A cloudy price

Questions # 9:

The US regulator 'SEC stands for:

Options:
A.

Securities Exchange Corporation

B.

Securities Enterprise Conglomerate

C.

Securities and Exchange Commission

D.

Securities Endeavour Company

Questions # 10:

A 'put' option on a bond allows:

Options:
A.

The stock exchange to force the bondholder to redeem the bonds prior to the bond's scheduled maturity date

B.

The regulator to force the issuer to redeem the bonds prior to the bond's scheduled maturity date

C.

The bondholder to redeem their bonds prior to the bond's scheduled maturity date

D.

The bond issuer to force redemption of bonds prior to the bond's scheduled maturity date

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