Reference no: EM132761824
Problem 1: Essentially, superannuation funds provide:
Select one:
a. Retirement income for employees.
b. Indefinite income when employees stop working.
c. Limited income if an employee is injured and unable to work.
d. Indefinite income as long as employees continue to work
Problem 2: Australian dollars as home currency, ' S$1.025 per Australian dollar' represents
Select one:
a. Direct Quotation
b. None of the options
c. Both Direct & Indirect Quotation
d. Indirect Quotation
Problem 3: Major functions of investment banks include the following EXCEPT:
Select one:
a. Providing advice on risk management and hedging.
b. Attracting deposits and providing investment loans.
c. Advising and providing underwriting arrangement for clients by issuing financial securities.
d. Serving as dealers or market makers in capital markets.
Problem 4: Passive investment means building a portfolio of shares based on the strategy of:
Select one:
a. buy and hold
b. investing in low risk shares
c. none of the options
d. replicating a market index