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1. Which activity performed bythe Bank of Canada reflects role as the fiscal agent for the federal government?
A) Designing and distributing bank notes.
B) Working with domestic and international regulatory bodies
C) Preserving the value of the Canadian dollar by keeping inflation low
D) Providing advice on debt Issuances based on its assessment of the capital markets.
2. Which security is issued by a company lo existing shareholders allowing, them to subscribe for additionalshares over a period of severalyears?
A) Stock options.
B) Long-term equity anticipation security.
C) Rights.
D) Warrants
3. Keith has a $150,000 term deposit with ABC Trust Company and a $75.000 term depositwithXYZ Trust Company. Both term deposits nave a maturity date of four years and both trust companies are member institutions of the CDIC. How much is Keith cowered for under COIC if both trust companies become insolvent?
A) $175,000
B) $225,000
C) $100,000.
D) $200,000
4. An investor feels unfairly treatedby a stockbroker regarding a setof transactions. After a discussion of the situation Between the investor and the member, the investor and the member, the investor is still dissatisfied.
What is the best requestthat the investor could make to seek compensation?
A) An Independent arbitration.
B) A rescission of the objectionable trades.
C) A payment from the Canadian investor Protection Fund.
D) An investigation by the Ombudsman for Banking Service and investments.
5. What order would an investor use to protecta short position?
A) Stop loss
B) Good till
C) Market
D) Stop buy
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: D |
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