Question 1

Which of the following necessary in order to reduce the huge number of possible investments to a smaller number that can investigate carefully?

Options :

A : Securing

B : Saving

C : Discounting

D : None of these

Answer: D

Question 2

Money market funds bond funds (also called “fixed income” funds) , and stock funds (also called equity funds) are the categories of:

Options :

A : Mutual funds

B : Professionally managed portfolio

C : Hedge funds

D : None of these

Answer: A

Question 3

Group health insurance is the health insurance consisting of contracts written between a group, (employer, union, etc.) and the health care provider. Most health insurance plans fall into one of two categories. Which one of the following set represents those two categories?

Options :

A : Traditional indemnity and PPO

B : Traditional indemnity and managed care plans

C : Fee-for-service indemnity and managed care plans

D : Both B and C

Answer: D

Question 4

Which of the following programs propagate the ethics?

Options :

A : London Instruments Fiscal Attachment

B : Laurel Immigration Fairness Analysis

C : Low Income Financial Association

D : Licensed International Financial Analyst

Answer: D

Question 5

It occurs when a principal balance on a mortgage loan increases because the monthly loan payment is lower than the amount of monthly interest being charged. What is it?

Options :

A : Negative amortization

B : Positive amortization

C : Amortization imbalance

D : Payment gap

Answer: A