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1. Where an applicant for a financial activities licence uses a cloud-based server, they must set out provisions to ensure the outsourced party can operate with zero data loss for what stated period?
A) Three years
B) Five years
C) Seven years
D) Ten years
2. A key reason why the regulator applies financial promotion rules is to ensure that:
A) the customers are treated fairly
B) the available product range is maximised
C) the impact of operational risk is avoided
D) the market is kept competitive
3. When collecting data from official authorities, evaluators of investment fund in-kind shares are required to abide by the principles of honesty, justice and:
A) confidentiality
B) prudence
C) governance
D) equality
4. The contract size for an MSCI India Index Futures (INR) contract is:
A) 20 index points x price
B) 5 index points x price
C) 25 index points x price
D) 50 index points x price
5. When promoting private funds, related materials must:
A) clarify the private fund's specific nature and include the required disclaimer laid down by the Authority
B) receive prior approval of the content from the Authority
C) refrain from using public advertisement media of certain types, including audio and video, with the exception of read media
D) advise that the funds cannot be transferred to a third party
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: A |
Marian
Olivia
Sherry
Xanthe
Armand
Booth
Conrad
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