Sign up to save your podcasts
Or
Share SIE Exam Lesson 9 Free Quiz: Money Market
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
SIE Exam Lesson 9 Free Quiz: Money Market
This is a SIE Exam Lesson 9 Free Quiz which is covering Money Market. Try it and see how you do if you need help listen to the lesson over.
SIE SIE Exam Lesson 9 Free Quiz
This is a SIE Exam Lesson 9 Free Quiz which is covering Money Market. Try it and see how you do if you need help listen to the lesson over.
Questions covered include
Below are questions based on the previous lesson. Choose the letter of the correct answer.
To take the quiz online, click here.
1. Which of the following is an example of a money market instrument?
A. treasury bills
B. commercial paper
C. banker’s acceptance
D. all of the above
2. Money market instruments mature in ___.
A. one year or less
B. two years
C. five years
D. ten years or more
3. This is the only type of banker’s acceptance that the Federal Reserve buys.
A. premium banker’s acceptance
B. primary banker’s acceptance
C. prime banker’s acceptance
D. The Federal Reserve does not accept banker’s acceptance.
4. The price of repurchasing a security include a yield.
A. True
B. False
5. A reverse repurchase agreement is an agreement between two parties where one party agrees to sell a block of securities to another party with the agreement that those securities will be repurchased at a later date at a specific price.
A. True
B. False
6. The shortest repurchase agreement is ___.
A. twelve hours
B. overnight
C. two days
D. five days
7. Which is NOT a characteristic of a repurchase agreement?
A. It has a liquidity risk.
B. It has a purchasing power risk.
C. Its interest rate can change overnight.
D. Its interest rates are very low.
8. The reverse repurchase agreement is used primarily by the ___.
A. Federal Reserve
B. government agencies
C. secondary market
D. all of the above
9. A reverse repurchase agreement is also called a matched sale.
A. True
B. False
10. The Federal Reserve is owned by the government.
A. True
B. False
11. Which of the following does the President of the United States have authority to appoint in the Federal Reserve Board?
A. chairman
B. governors
C. both the chairman and the governor
D. neither the chairman nor the governor
12. The Federal Reserve having “open market operations” means ___.
A. It accepts all kinds of financial instruments.
B. It operates 24 hours a day, 7 days a week.
C. It transacts even with those people outside the member banks.
D. all of the above
13. How does the Federal Reserve create liquidity in the market?
A. It buys fixed-income investments.
B. It sells collateralized debt obligations.
C. It sells fixed-income investments.
D. all of the above
14. What does LIBOR stand for?
A. Leicester Internal Bureau of Reserve
B. Leicester International Bank Open Rate
C. London Interbank Offered Rate
D. London International Bank Official Rate
15. These are funds which a member bank of the Federal Reserve leaves on deposit at the Federal Reserve.
A. Federal Asset
B. Federal Deposits
C. Federal Funds
D. Federal Reserve Account
16. What is the Federal Fund rate?
A. the overnight rate which is the daily average of the rates of most member banks
B. the overnight rate which is the highest accounted rate of the day among the member banks
C. the overnight rate which is the rate of the day of the Federal Reserve
D. the overnight rate which is twice the rate of the day of the loaning bank
17. These are dollar-denominated deposits which are held in a bank branch outside the United States.
A. Eurodollars
B. Federal Funds
C. Foreign Deposits
D. all of the above
18. This is the rate for Eurodollars loaned overnight.
A. Eurodollar Overnight Rate
B. Eurodollar Standardized Rate
C. Federal Fund Rate
D. London Interbank Offered Rate
19. The London Interbank Offered Rate is the average of Eurodollar loan rates of five major banks which are all located in London.
A. True
B. False
20. Which of the following is NOT considered as eligible securities for the Federal Reserve to trade in its open market operations?
A. certificate of deposit
B. Fannie Mae
C. treasury bills
D. treasury notes
We hope you did well on this SIE Exam Lesson 9 Free Quiz
Total Course 37 hours 10 Min
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
The full course details:
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
New Series 7 Exam and SIE Exam details.
All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..
https://www.finra.org/industry/essentials-exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
New Series 7 Exam
The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.
Major Job Functions Percentage of Test Questions Number of Test Questions
(F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
(F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
(F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
(F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
TOTAL 100% 125”
The five job functions of the new Series 7 General Securities Representative Exam will be:
“Seeks business for the broker-dealer through customers and potential customers”
“Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”
“Opens accounts, transfers assets and maintains appropriate account records”
“Provides customers with information on investments and makes suitable recommendations”
“Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”
These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”
https://www.finra.org/industry/series7
Here is a link to the table of Contents
Here is what my customers say about my audio lessons
Testimonials
—————————
New Series 7 Exam and SIE Exam details.
FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.
https://www.finra.org/industry/series7
However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.
https://www.finra.org/industry/essentials-exam
“Securities Industry Essentials (SIE) Exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
Outline of SIE Exam:
https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf
https://www.finra.org/industry/series7
https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf
Here is what my customers say about my audio lessons
Testimonials
Loading…
View all episodes
By Franz
4.1
6060 ratings
This is a SIE Exam Lesson 9 Free Quiz which is covering Money Market. Try it and see how you do if you need help listen to the lesson over.
SIE SIE Exam Lesson 9 Free Quiz
This is a SIE Exam Lesson 9 Free Quiz which is covering Money Market. Try it and see how you do if you need help listen to the lesson over.
Questions covered include
Below are questions based on the previous lesson. Choose the letter of the correct answer.
To take the quiz online, click here.
1. Which of the following is an example of a money market instrument?
A. treasury bills
B. commercial paper
C. banker’s acceptance
D. all of the above
2. Money market instruments mature in ___.
A. one year or less
B. two years
C. five years
D. ten years or more
3. This is the only type of banker’s acceptance that the Federal Reserve buys.
A. premium banker’s acceptance
B. primary banker’s acceptance
C. prime banker’s acceptance
D. The Federal Reserve does not accept banker’s acceptance.
4. The price of repurchasing a security include a yield.
A. True
B. False
5. A reverse repurchase agreement is an agreement between two parties where one party agrees to sell a block of securities to another party with the agreement that those securities will be repurchased at a later date at a specific price.
A. True
B. False
6. The shortest repurchase agreement is ___.
A. twelve hours
B. overnight
C. two days
D. five days
7. Which is NOT a characteristic of a repurchase agreement?
A. It has a liquidity risk.
B. It has a purchasing power risk.
C. Its interest rate can change overnight.
D. Its interest rates are very low.
8. The reverse repurchase agreement is used primarily by the ___.
A. Federal Reserve
B. government agencies
C. secondary market
D. all of the above
9. A reverse repurchase agreement is also called a matched sale.
A. True
B. False
10. The Federal Reserve is owned by the government.
A. True
B. False
11. Which of the following does the President of the United States have authority to appoint in the Federal Reserve Board?
A. chairman
B. governors
C. both the chairman and the governor
D. neither the chairman nor the governor
12. The Federal Reserve having “open market operations” means ___.
A. It accepts all kinds of financial instruments.
B. It operates 24 hours a day, 7 days a week.
C. It transacts even with those people outside the member banks.
D. all of the above
13. How does the Federal Reserve create liquidity in the market?
A. It buys fixed-income investments.
B. It sells collateralized debt obligations.
C. It sells fixed-income investments.
D. all of the above
14. What does LIBOR stand for?
A. Leicester Internal Bureau of Reserve
B. Leicester International Bank Open Rate
C. London Interbank Offered Rate
D. London International Bank Official Rate
15. These are funds which a member bank of the Federal Reserve leaves on deposit at the Federal Reserve.
A. Federal Asset
B. Federal Deposits
C. Federal Funds
D. Federal Reserve Account
16. What is the Federal Fund rate?
A. the overnight rate which is the daily average of the rates of most member banks
B. the overnight rate which is the highest accounted rate of the day among the member banks
C. the overnight rate which is the rate of the day of the Federal Reserve
D. the overnight rate which is twice the rate of the day of the loaning bank
17. These are dollar-denominated deposits which are held in a bank branch outside the United States.
A. Eurodollars
B. Federal Funds
C. Foreign Deposits
D. all of the above
18. This is the rate for Eurodollars loaned overnight.
A. Eurodollar Overnight Rate
B. Eurodollar Standardized Rate
C. Federal Fund Rate
D. London Interbank Offered Rate
19. The London Interbank Offered Rate is the average of Eurodollar loan rates of five major banks which are all located in London.
A. True
B. False
20. Which of the following is NOT considered as eligible securities for the Federal Reserve to trade in its open market operations?
A. certificate of deposit
B. Fannie Mae
C. treasury bills
D. treasury notes
We hope you did well on this SIE Exam Lesson 9 Free Quiz
Total Course 37 hours 10 Min
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
The full course details:
37 hours 10 Min of audio instruction to help you prepare for the Securities Industry Essentials Exam
59 Audio Lessons for Securities Industry Essentials Exam
13 Bonus Lessons about the finance industry
Securities Industry Essentials Exam Podcast Audio Lessons for the SIE Exam
New Series 7 Exam and SIE Exam details.
All candidates now must now pass both the SIE exam (securities industry essentials exam) as well as the New Top-Off Series 7 Exam. A Series 7 candidate must also have an industry sponsor in order to take the examination to take the SIE Exam the candidate simply needs to be 18 years old and no broker affiliation is needed..
https://www.finra.org/industry/essentials-exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
New Series 7 Exam
The New Series 7 Content Outline provides a comprehensive guide to the range of topics covered on the exam, as well as the depth of knowledge required. The outline is comprised of the four main job functions of a general securities representative. The table below lists the allocation of exam questions for each main job function.
Major Job Functions Percentage of Test Questions Number of Test Questions
(F1) Seeks Business for the Broker-Dealer from Customers and Potential Customers 7% 9
(F2) Opens Accounts after Obtaining and Evaluating Customers’ Financial Profile and Investment Objectives 9% 11
(F3) Provides Customers with Information about Investments, Makes Suitable Recommendations, Transfers Assets and Maintains Appropriate Records 73% 91
(F4) Obtains and Verifies Customers’ Purchase and Sales Instructions and Agreements; Processes, Completes, and Confirms Transactions 11% 14
TOTAL 100% 125”
The five job functions of the new Series 7 General Securities Representative Exam will be:
“Seeks business for the broker-dealer through customers and potential customers”
“Evaluates customers’ financial status, financial needs and risk tolerance, and helps them identify their investment objectives”
“Opens accounts, transfers assets and maintains appropriate account records”
“Provides customers with information on investments and makes suitable recommendations”
“Obtains and verifies customer’s purchase and sales instructions, enters orders and follows up”
These five functions of the new series 7 exam are the same or substantially similar to ones on the current Series 7 exam. A notable change from the existing Series 7 exam is the addition of evaluating customer “risk tolerance.”
https://www.finra.org/industry/series7
Here is a link to the table of Contents
Here is what my customers say about my audio lessons
Testimonials
—————————
New Series 7 Exam and SIE Exam details.
FINRA has announced major changes to the Series 7 Exam effective October 1, 2018. With the introduction of the Securities Industries Essentials Exam (SIE Exam) the new series 7 has been pared down to 125 questions from its original 250 questions.
https://www.finra.org/industry/series7
However there is now a prerequisite before taking the new Series 7 Exam all candidates now must have passed the SIE exam (securities industry essentials exam). In addition thing a series 7 candidate must also have an industry sponsor in order to take the examination.
https://www.finra.org/industry/essentials-exam
“Securities Industry Essentials (SIE) Exam
Available Beginning October 1, 2018
The Securities Industry Essentials (SIE or Essentials) Exam, available beginning October 1, 2018, is a new FINRA exam for prospective securities industry professionals. This introductory-level exam assesses a candidate’s knowledge of basic securities industry information including concepts fundamental to working in the industry, such as types of products and their risks; the structure of the securities industry markets, regulatory agencies and their functions; and prohibited practices.
Key Features of the Essentials Exam
________________________________________
• The Essentials exam is open to anyone aged 18 or older, including students and prospective candidates interested in demonstrating basic industry knowledge to potential employers.
• Association with a firm is not required, and individuals are permitted to take the exam before or after associating with a firm.
• Essentials exam results are valid for four years.
The Essentials Exam at a Glance
________________________________________
Number of Items 75
Format Multiple Choice
Duration 105 minutes
Passing Score 70%
Cost $60”
Outline of SIE Exam:
https://www.finra.org/sites/default/files/SIE%20Outline-01.12.18.pdf
https://www.finra.org/industry/series7
https://www.finra.org/sites/default/files/Series_7_Content_Outline.pdf
Here is what my customers say about my audio lessons
Testimonials
Loading…
More shows like SIE Exam: Securities Industry Essentials Exam Lessons and Information
View all
Crime Junkie
369,851 Listeners
FINRA Exam Tips and Career Advice - Achievable Podcast
32 Listeners
Series 7 Whisperer
75 Listeners