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CSI Canadian Securities Course Exam 1 Sample Questions:
1. The consumerprice index was 125.9 in Decemberoflast year and 123.0 in December ofthe year before What was the inflation rate last year?
A) 2.30%
B) 2.36%
C) 0.98%
D) 1.02%
2. What Is the requirementestablished by the Canadian Radio-television and Telecommunications Commission that applies to an advisor who is cold calling potential new clients?
A) An advisor must not can any person who has been a DNCL registrant for more than one day
B) An advisor must advise DNCL registrants within the first minute that it is a sales call
C) An advisor must subscribe to the National Do Not car List (DNCL)
D) An advisor must make sales calls only during regular business hours
3. KJR made the following warrants offering:
What is the intrinsic value of 1 KJR inc, warrant?
A) $2
B) $3
C) $5
D) $0
4. The principleof retraction in retractable preferredshares is identical to what other security?
A) Callable preferred shares.
B) Redeemable preferred shares.
C) Retractable bonds and debentures
D) Retractable common shares
5. What event is considered true inflation?
A) The introductionof a new tax which causes a one-lima increase of all prices..
B) The sustained trend of rising prices on goods and services across the economy.
C) A Jump in call prices which causes the cost of transported goods to increase.
D) A general and sustained decrease in prices across me economy due to a recession
Solutions:
Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: B |