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Question 1 of 30
1. Question
According to the FATF, which networks are usually formed by groups of a dozen or less computers?
Correct
According to the FATF, Peer to Peer(P2P) is a network of personal computers, each of which acts as both clients and server, so that each can exchange files and email directly with every other computer on the network. Peer to peer networks is usually formed by groups of a dozen or fewer computers. These computers all store their data using individual security but also share data with all the other nodes. The nodes in the peer to peer networks both use resources and provide resources.
Incorrect
According to the FATF, Peer to Peer(P2P) is a network of personal computers, each of which acts as both clients and server, so that each can exchange files and email directly with every other computer on the network. Peer to peer networks is usually formed by groups of a dozen or fewer computers. These computers all store their data using individual security but also share data with all the other nodes. The nodes in the peer to peer networks both use resources and provide resources.
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Question 2 of 30
2. Question
According to the FATF, how does a p2p network work?
Correct
According to the FATF, Peer to Peer (P2P) is a network of personal computers, each of which acts as both clients and server, so that each can exchange files and email directly with every other computer on the network. In its simplest form, a peer-to-peer (P2P) network is created when two or more PCs are connected and share resources without going through a separate server computer. A P2P network can be an ad hoc connection—a couple of computers connected via a Universal Serial Bus to transfer files.
Incorrect
According to the FATF, Peer to Peer (P2P) is a network of personal computers, each of which acts as both clients and server, so that each can exchange files and email directly with every other computer on the network. In its simplest form, a peer-to-peer (P2P) network is created when two or more PCs are connected and share resources without going through a separate server computer. A P2P network can be an ad hoc connection—a couple of computers connected via a Universal Serial Bus to transfer files.
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Question 3 of 30
3. Question
According to the FATF, what are characteristics of a peer to peer network?
I. Peer-to-peer networks are easy to create.
II. Peer-to-peer networks have lower costs.
III. Peer-to-peer networks also have a centralized administration.
IV. Peer-to-peer networks are less complex.Correct
According to the FATF, Peer to Peer (P2P) is a network of personal computers, each of which acts as both client and sever, so that each can exchange files and email directly with every other computer on the network. peer-to-peer networks are easy to create, less complex, and have lower costs. Peer-to-peer networks also have no centralized administration.
Incorrect
According to the FATF, Peer to Peer (P2P) is a network of personal computers, each of which acts as both client and sever, so that each can exchange files and email directly with every other computer on the network. peer-to-peer networks are easy to create, less complex, and have lower costs. Peer-to-peer networks also have no centralized administration.
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Question 4 of 30
4. Question
According to the FATF, which approach means that countries, competent authorities, and banks identify, assess, and understand the money laundering and terrorist financing risk to which they are exposed?
Correct
According to the FATF, A risk-based approach means that countries, competent authorities, and banks identify, assess, and understand the money laundering and terrorist financing risk to which they are exposed, and take the appropriate mitigation measures in accordance with the level of risk.
Incorrect
According to the FATF, A risk-based approach means that countries, competent authorities, and banks identify, assess, and understand the money laundering and terrorist financing risk to which they are exposed, and take the appropriate mitigation measures in accordance with the level of risk.
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Question 5 of 30
5. Question
According to the FATF, In a risk-based approach which of the following guidelines are recommended by FATF?
I. Countries identify assess and understand the money laundering and terrorist financing risk to which they are exposed
II. It means that competent authorities identify assess and understand the money laundering and terrorist financing risk to which they are exposed.
III. It means that banks identify assess and understand the money laundering and terrorist financing risk to which they are exposed.
IV. It is the cryptocurrency industry’s equivalent to a Final Public Offering.Correct
According to the FATF,A risk-based approach means that countries, competent authorities, and banks identify, assess, and understand the money laundering and terrorist financing risk to which they are exposed, and take the appropriate mitigation measures in accordance with the level of risk.
Incorrect
According to the FATF,A risk-based approach means that countries, competent authorities, and banks identify, assess, and understand the money laundering and terrorist financing risk to which they are exposed, and take the appropriate mitigation measures in accordance with the level of risk.
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Question 6 of 30
6. Question
According to the FATF, which approach allows testing on areas of the system that pose the greatest risk to product quality and patient safety?
Correct
According to the FATF, A risk-based approach allows testing on areas of the system that pose the greatest risk to product quality and patient safety. Reduction of overall validation costs and increased efficiency throughout the industry.
Incorrect
According to the FATF, A risk-based approach allows testing on areas of the system that pose the greatest risk to product quality and patient safety. Reduction of overall validation costs and increased efficiency throughout the industry.
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Question 7 of 30
7. Question
In Objectives of regulation of markets, why are the objective of reducing systemic risk in regulating markets is essential?
I. Because systemically-important markets may potentially undermine stability
II. Because systemically-important markets may gain stability
III. Because Public confidence in the financial system should the markets fail or disrupted
IV. Because Public confidence in the financial system should the markets grow or improveCorrect
In Objectives of regulation of markets, the objective of reducing systemic risk in regulating markets is essential because systemically-important markets may potentially undermine stability or public confidence in the financial system should the markets fail or are disrupted.
Incorrect
In Objectives of regulation of markets, the objective of reducing systemic risk in regulating markets is essential because systemically-important markets may potentially undermine stability or public confidence in the financial system should the markets fail or are disrupted.
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Question 8 of 30
8. Question
In “scope of regulation of markets”, which market is a system of interconnection between all participants that provides effective conditions?
Correct
A securities market is a system of interconnection between all participants (professional and nonprofessional) that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer real asset into financial asset.
Incorrect
A securities market is a system of interconnection between all participants (professional and nonprofessional) that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer real asset into financial asset.
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Question 9 of 30
9. Question
In “scope of regulation of markets” What is the function of the Securities market?
I. Capital formation
II. Auction
III. Liquidity
IV. Risk managementCorrect
A securities market is a system of interconnection between all participants (professional and nonprofessional) that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer real asset into financial asset. The three basic functions of securities markets are capital formation, liquidity, and risk management.
Incorrect
A securities market is a system of interconnection between all participants (professional and nonprofessional) that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer real asset into financial asset. The three basic functions of securities markets are capital formation, liquidity, and risk management.
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Question 10 of 30
10. Question
In “scope of regulation of markets”, what is the role of the securities market?
I. To support industrialization through saving mobilization and maturity transformation.
II. To oppose industrialization through investment fund allocation.
III. To oppose in industrialization through saving mobilization and maturity transformation.
IV. To support industrialization through investment fund allocation.Correct
In “scope of regulation of markets” the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer the real asset into a financial asset. The roles of Securities market are To support industrialization through saving mobilization, investment fund allocation and maturity transformation.
Incorrect
In “scope of regulation of markets” the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security (securitization of debt) to transfer the real asset into a financial asset. The roles of Securities market are To support industrialization through saving mobilization, investment fund allocation and maturity transformation.
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Question 11 of 30
11. Question
In “scope of regulation of markets”, what are the types of securities market?
I. Primary markets, where new securities are issued.
II. Primary markets, where old securities are issued.
III. Secondary markets where existing securities can be bought and sold.
IV. Secondary markets where existing securities can be bought only.Correct
In “scope of regulation of markets”, A securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
Incorrect
In “scope of regulation of markets”, A securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
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Question 12 of 30
12. Question
In “scope of regulation of markets”, there are two types of the market, the market where new securities are issued is known as which of the following?
Correct
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
Incorrect
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
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Question 13 of 30
13. Question
In “scope of regulation of markets”, which statement is true for primary markets type of securities market?
Correct
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels:-
(A) Primary markets, where new securities are issued
(B) secondary markets where existing securities can be bought and soldIncorrect
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels:-
(A) Primary markets, where new securities are issued
(B) secondary markets where existing securities can be bought and sold -
Question 14 of 30
14. Question
In “scope of regulation of markets”, which of the following statement is true for Secondary markets type of securities market?
I. Where new securities are issued
II. Where existing securities can be bought
III. Where existing securities can be sold
IV. Where previous securities are issuedCorrect
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
Incorrect
In “scope of regulation of markets”, the securities market is a system of interconnection between all participants that provides effective conditions: to attract new capital by means of issuing new security to transfer the real asset into a financial asset. Securities markets can be split into two levels: primary markets, where new securities are issued, and secondary markets where existing securities can be bought and sold.
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Question 15 of 30
15. Question
In “scope of regulation of markets”, which market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date?
Correct
In “scope of regulation of markets”, the futures market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date. Futures are exchange-traded derivatives contracts that lock in future delivery of a commodity or security at a price set to day.
Incorrect
In “scope of regulation of markets”, the futures market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date. Futures are exchange-traded derivatives contracts that lock in future delivery of a commodity or security at a price set to day.
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Question 16 of 30
16. Question
In “scope of regulation of markets”, how does the futures market work?
I. the futures market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date
II. Futures contracts are standardized agreements that typically trade on an exchange between two parties
III. One party agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling party to the contract agrees to provide it
IV. It supports industrialization by saving mobilization and maturityCorrect
In “scope of regulation of markets” the futures market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date. Futures contracts are standardized agreements that typically trade on an exchange between two parties. One party agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling party to the contract agrees to provide it.
Incorrect
In “scope of regulation of markets” the futures market is an auction market in which participants buy and sell commodity and futures contracts for delivery on a specified future date. Futures contracts are standardized agreements that typically trade on an exchange between two parties. One party agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling party to the contract agrees to provide it.
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Question 17 of 30
17. Question
In “scope of regulation of markets”, which of the following are the technology service providers?
I. It is an Internet service providers (ISP)
II. It is application service providers (ASP)
III. It includes cloud providers and developers
IV. It includes the ATM services provided by the bankCorrect
In “scope of regulation of markets”, Technology service providers include Internet service providers (ISP), application service providers (ASP), cloud providers and developers. Technology services include software development, integration and maintenance of hardware.
Incorrect
In “scope of regulation of markets”, Technology service providers include Internet service providers (ISP), application service providers (ASP), cloud providers and developers. Technology services include software development, integration and maintenance of hardware.
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Question 18 of 30
18. Question
In “scope of regulation of markets”, what is electronic trading facilities?
I. A facility that operates by means of a telecommunications network
II. A facility that operates by means of an electronic network
III. A facility that maintains an automated audit trail of bids, offers, and the matching of orders
IV. A facility that operates by banks via over the counter (OTC)Correct
In “scope of regulation of markets”, the term electronic trading facility means “a trading facility that:-
(A) Operates by means of an electronic or telecommunications network; and
(B) Maintains an automated audit trail of bids, offers, and the matching of orders or the execution of transactions on the facility.”Incorrect
In “scope of regulation of markets”, the term electronic trading facility means “a trading facility that:-
(A) Operates by means of an electronic or telecommunications network; and
(B) Maintains an automated audit trail of bids, offers, and the matching of orders or the execution of transactions on the facility.” -
Question 19 of 30
19. Question
In “scope of regulation of markets”, which of the following facility where the market maker is required to provide eligible 2-way quotes in securities listed and traded on the SME platform?
Correct
In “scope of regulation of markets”, market making is a facility where the market maker is required to provide eligible 2-way quotes in securities listed and traded on the SME platform. Market maker helps with the liquidity issues of an SME stock. Market making is mandatory in respect of all securities listed and traded on SME exchange.
Incorrect
In “scope of regulation of markets”, market making is a facility where the market maker is required to provide eligible 2-way quotes in securities listed and traded on the SME platform. Market maker helps with the liquidity issues of an SME stock. Market making is mandatory in respect of all securities listed and traded on SME exchange.
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Question 20 of 30
20. Question
In “scope of regulation of markets”, who acts as wholesalers by buying and selling securities to satisfy the market?
Correct
In “scope of regulation of markets”, market makers essentially act as wholesalers by buying and selling securities to satisfy the market—the prices they set reflect market supply and demand. When the demand for security is low, and supply is high, the price of the security will be low.
Incorrect
In “scope of regulation of markets”, market makers essentially act as wholesalers by buying and selling securities to satisfy the market—the prices they set reflect market supply and demand. When the demand for security is low, and supply is high, the price of the security will be low.
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Question 21 of 30
21. Question
In “scope of regulation of markets”, which derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary?
Correct
In “scope of regulation of markets” Over-the-counter (OTC) derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic options – and other exotic derivatives – are almost always traded in this way.
Incorrect
In “scope of regulation of markets” Over-the-counter (OTC) derivatives are contracts that are traded (and privately negotiated) directly between two parties, without going through an exchange or other intermediary. Products such as swaps, forward rate agreements, exotic options – and other exotic derivatives – are almost always traded in this way.
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Question 22 of 30
22. Question
In “scope of regulation of markets”, what is meant by Over-the-counter derivatives?
Correct
In “scope of regulation of markets” An Over the counter (OTC) derivative is a financial contract that does not trade on an asset exchange, and which can be tailored to each party’s needs. Depending on where derivatives trade, they can be classified as over-the-counter or exchange-traded.
Incorrect
In “scope of regulation of markets” An Over the counter (OTC) derivative is a financial contract that does not trade on an asset exchange, and which can be tailored to each party’s needs. Depending on where derivatives trade, they can be classified as over-the-counter or exchange-traded.
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Question 23 of 30
23. Question
In “scope of regulation of markets”, which of the following are correct regarding recognized market operator (RMO)?
I. A body corporate that operates an alternative trading venue that brings together the sellers of capital market products
II. A body corporate that operates a marketplace or facility that brings together the sellers of capital market products
III. A body corporate that operates a conjunctive trading venue, marketplace, or facility that brings together purchaser of the commodity market place
IV. A body corporate that operates a conjunctive trading venue, marketplace, or facility that brings together the sellers of capital market products.Correct
In “scope of regulation of markets” Recognized Market Operator (RMO) is a body corporate that operates an alternative trading venue, marketplace, or facility that brings together purchasers and sellers of capital market products.
Incorrect
In “scope of regulation of markets” Recognized Market Operator (RMO) is a body corporate that operates an alternative trading venue, marketplace, or facility that brings together purchasers and sellers of capital market products.
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Question 24 of 30
24. Question
In “a recognised market operator incorporated in Singapore”, which of the following is a product of a manufacturer other than Mobility, which possesses characteristics of quality, function, and performance comparable to a product?
Correct
In “a recognised market operator incorporated in Singapore”, Alternative Product means a product of a manufacturer other than Mobility, which possesses characteristics of quality, function, and performance comparable to a Product.
Incorrect
In “a recognised market operator incorporated in Singapore”, Alternative Product means a product of a manufacturer other than Mobility, which possesses characteristics of quality, function, and performance comparable to a Product.
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Question 25 of 30
25. Question
In “a recognised market operator incorporated in Singapore”, How can conversion ratio be defined?
Correct
In “a recognised market operator incorporated in Singapore”, the conversion ratio is the number of common shares received at the time of conversion for each convertible security. The ratio is calculated by dividing the convertible security’s par value by the conversion price of an equity.
Incorrect
In “a recognised market operator incorporated in Singapore”, the conversion ratio is the number of common shares received at the time of conversion for each convertible security. The ratio is calculated by dividing the convertible security’s par value by the conversion price of an equity.
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Question 26 of 30
26. Question
In “a recognised market operator incorporated in Singapore”, how can conversion ratio be calculated?
Correct
In “a recognised market operator incorporated in Singapore”, The conversion ratio is the number of common shares received at the time of conversion for each convertible security. … The ratio is calculated by dividing the convertible security’s par value by the conversion price of the equity.
Incorrect
In “a recognised market operator incorporated in Singapore”, The conversion ratio is the number of common shares received at the time of conversion for each convertible security. … The ratio is calculated by dividing the convertible security’s par value by the conversion price of the equity.
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Question 27 of 30
27. Question
In “a recognised market operator incorporated in Singapore”, which certificates are high-risk financial products that give investors a leveraged return based on the daily performance of an underlying reference instrument?
Correct
In “a recognised market operator incorporated in Singapore”, Daily leverage certificates (DLCs) are high-risk financial products that give investors a leveraged return based on the daily performance of an underlying reference instrument.
Incorrect
In “a recognised market operator incorporated in Singapore”, Daily leverage certificates (DLCs) are high-risk financial products that give investors a leveraged return based on the daily performance of an underlying reference instrument.
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Question 28 of 30
28. Question
In “a recognised market operator incorporated in Singapore”, which limit is an established amount in which a price may increase or decrease in any single trading day from the previous day’s settlement price?
Correct
In “a recognised market operator incorporated in Singapore” A price limit is an established amount in which a price may increase or decrease in any single trading day from the previous day’s settlement price. In financial and commodity markets, prices are only permitted to rise or fall by a certain number of ticks (or by a certain percentage) per trading session.
Incorrect
In “a recognised market operator incorporated in Singapore” A price limit is an established amount in which a price may increase or decrease in any single trading day from the previous day’s settlement price. In financial and commodity markets, prices are only permitted to rise or fall by a certain number of ticks (or by a certain percentage) per trading session.
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Question 29 of 30
29. Question
In “a recognised market operator incorporated in Singapore”, which contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future?
Correct
In “a recognised market operator incorporated in Singapore” A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.
Incorrect
In “a recognised market operator incorporated in Singapore” A futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. Futures contracts are standardized for quality and quantity to facilitate trading on a futures exchange.
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Question 30 of 30
30. Question
In “a recognised market operator incorporated in Singapore”, how are futures contracts calculated?
Correct
In “a recognised market operator incorporated in Singapore”, a futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. To calculate the notional value of a futures contract, the contract size is multiplied by the price per unit of the commodity represented by the spot price.
Incorrect
In “a recognised market operator incorporated in Singapore”, a futures contract is a legal agreement to buy or sell a particular commodity asset, or security at a predetermined price at a specified time in the future. To calculate the notional value of a futures contract, the contract size is multiplied by the price per unit of the commodity represented by the spot price.