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Download CSI : CSC1 Questions & Answers as PDF & Test Software

Last Updated: Jun 02, 2026

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CSI Canadian Securities Course Exam 1 Sample Questions:

1. Which type of bond allows the issuer to redeem at a specified premium prior to maturity?

A) Convertible
B) Acronyms
C) Callable
D) Extendible
E) Retractable


2. Which activity performed bythe Bank of Canada reflects role as the fiscal agent for the federal government?

A) Providing advice on debt Issuances based on its assessment of the capital markets.
B) Designing and distributing bank notes.
C) Working with domestic and international regulatory bodies
D) Preserving the value of the Canadian dollar by keeping inflation low


3. Which trend affecting the financialservices industry has resulted inthe significant use ETFs?

A) The emergence of cryptocurrency
B) The shift towardsdefined contribution plans
C) The popularity of robo-advisors
D) The rise of financialtechnology companies


4. What is the likely outcome attheend of a five-year term of a rate-reset preferred share if the issuer does not redeem the shares?

A) The shareholder exchanges the rate-reset preferred share for afloating-rate preferred share
B) The shareholder exchanges the rate-reset preferredshare for a specified number ofcommon shares.
C) The shareholder exchanges the rate-reset preferred share for a fixed-rate preferred share.
D) The shareholder exchanges the rate-reset preferredshare for an unsecured bond


5. What is one key feature of a right?

A) Sharestrade ex-rights beginning one business day before therecord date
B) Rights generally have very little time value because they have a short lifespan
C) The market values of rights are set when they ate issued and remain constant until expiration
D) The subscription or offering price or rights is often set at the current market price of the shares.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: A
Question # 5
Answer: B

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