Question FBQ1 : According to economists, investment is regarded as savings embarked upon as a result of ________________ Answer: delayed consumption Question FBQ2 : Investment requires______ which implies that funds will have to be expended by the person who is investing. Answer: financial commitments Question FBQ3 : Arbitrage refers to the practices of taking advantage of a price __________ between two or more financial market Answer: difference Question FBQ4 : In finance, an investment involves utilization of funds in acquisition of ________assets Answer: financial Question FBQ5 : ________ is regarded as a monetary charge imposed by the government on persons, entities, transactions and properties to yield revenue Answer: Tax Question FBQ6 : Financial products floated by the government of a country are known as _______ securities Answer: gilt-edge Question FBQ7 : Financial products of high networth companies are regarded as ________ securities Answer: blue chip Question FBQ8 : Equity capital refers to the ______ contribution Answer: Owner’s Question FBQ9 : _______ means the ease with which an investment can be converted into cash Answer: Liquidity Question FBQ10 : A __________ refers to a financial product which has its value dependent on the outcome of the original financial product as investment by the managers of the funds. Answer: derivative Question FBQ11 : Co-operative society as an aggregation of co-operators who_______ their funds together through regular saving Answer: pooled Question FBQ12 : Derivative instruments can be traded over the counter Answer: True Question FBQ13 :  Owning a current and savings account have the same requirements Answer: False Question FBQ14 : The fundamental purpose of investment is to generate _________ Answer: Earnings Earnings Question FBQ15 : The individual or entity who subscribe to insurance policy against rises is called ______ Answer: policy holder Question FBQ16 : Beta neutral approach is one way to Answer: hedge Question FBQ17 : Investment is regarded as saving embarked upon as a result of Answer: Debuted consumption Question FBQ18 : Real estate ________ is another means of ensuring investment in real estate with some sort of raising equity financing in smaller amount Answer: crowding fund Question FBQ19 : Brokerage is another word for Answer: Arbitrageur Question FBQ20 : The payment to the holder of a right or owner of an asset for the using the property is called what? Answer: Royalties Question FBQ21 : Portfolio optimization is achieved by placing a larger percentage of high return investment in a____ Answer: Diversified portfolio Question FBQ22 : Beta is the historical correlation between a stock and an Answer: index Question FBQ23 : Prevailing Price of Stock less Original price is equals to ________ Answer: earning Question FBQ24 : In venture capital, you do not need to formulate an idea, the idea is already there for you to just take. This statement is______ Answer: False Question FBQ25 : _________ provides some leverage or gearing such that a small movement in the underlying asset value can cause a large difference in the value of the derivative Answer: Speculation Question FBQ26 : T-bills normal have a maturity date less than _____ year(s) Answer: one Question FBQ27 : What type of derivative is a personalized contract between two parties in which payment takes place at a specific date in the future at today's pre-determined price as agreed upon by both parties?  Answer: Forwards Question FBQ28 : ________portfolio is a situation where investor who is willing to take a given amount of risk can invest more aggressively with a property Answer: Non-diversified Question FBQ29 : Hedging is the practice of taking a_______ in one market of offset and balance against the risk adopted by assuming a position in a contrary market. Answer: Position Question FBQ30 : ________ are derivatives in which the contracts to buy or sell a specified asset on a future date at a price specified today Answer: Futures Question FBQ31 : _______ is when the buyer has a right to buy a certain quantity of the underlying asset, at a specified price on or before a given date in the future, but he has no obligation to carry out this right Answer: Call option Question FBQ32 : ______ is a contract in which the buyer has the right to sell a certain quantity of an underlying asset, at a specified price on or before a given date in the future, but he has no obligation to carry out this right. Answer: Put option Question FBQ33 : _______ are derivatives in relation to options that are contracts which provide the owner the opportunity for an “all-or-nothing” profit from the contract Answer: Binary options Question FBQ34 : ________ derivatives refer to contracts which involve the exchange of cash (flows) on or before a specified future date Answer: Swap Question FBQ35 : _______is provided is when a startup seeks funding in between full venture capital rounds Answer: Bridge financing Question MCQ1 : __________ derivatives refer to contracts which involve the exchange of cash (flows) on or before a specified future date  Answer: Swaps Question MCQ2 : The main objective of saving account is to promote _________  Answer: Savings Question MCQ3 : Which of the following is not a type of commodity for investment? Answer: None of the options Question MCQ4 : ________refers to the process of converting a new idea or technology into a business undertaking which can succeed and is invariably capable of attracting investors.  Answer: Venture creation Question MCQ5 : ________ investment involves buying undervalued securities while selling overvalued ones out of the investment portfolio in the capital market  Answer: Value Question MCQ6 : ________ is an investment which is undertaking in order to reduce the risk of adverse price movements in a financial asset Answer: A hedge Question MCQ7 : ________ is a technique that reduces risk by allocating investments among various financial instruments, industries and other categories Answer: Diversification Question MCQ8 : Brokerage is another word for Answer: Arbitrageur Question MCQ9 : _______ Is a type of tax  Answer: PAYE Question MCQ10 : According Gardon (_______), there is a remarked difference between capital gains investing and the game of speculation Answer: 2014 Question MCQ11 : _________ are options to purchase common stock at a specified price up to a specified date  Answer: Warrants Question MCQ12 : This is a time draft or postdated instrument payable to a seller of goods, with payment guaranteed by a bank  Answer: Banker’s acceptance Question MCQ13 : According Gardon (2014), there is a remarked ______ between capital gains investing and the game of speculation Answer: Difference Question MCQ14 : A hedge can be constructed from many types of  Answer: financial instruments Question MCQ15 : _______ refers to a means with which take protection from financial loss in business generally  Answer: Insurance Question MCQ16 : Under the current Nigerian law, taxation is enforced by the which tier of government (a) one (b) five (c) six (d) three Answer: three Question MCQ17 : Safety of investment can always be guaranteed Answer: FALSE Question MCQ18 : Subrogation is the legal principles of  Answer: insurance Question MCQ19 : Missing one of the legs of the trade and subsequently having to trade it soon after at a worse price is called   Answer: execution risk Question MCQ20 : The _______ is a document which sets broad parameters for taxation and ancillary matters connected with taxation  Answer: National Tax Policy Question MCQ21 : _______investing is the art of buying and selling an asset for a profit  Answer: Capital gains Question MCQ22 : Building personal cash flows essential involves the act of saving money towards maintaining cash reserves for future ______  Answer: Utilization Question MCQ23 : _______ refers to the practice of taking advantage of a price difference between two or more financial markets Answer: Arbritrage Question MCQ24 : ______ involves contracts that subsist between two parties, which incorporate specific terms Answer: Derivatives Question MCQ25 : A popular valuation metric is_______ with application for example to valuing unlisted companies and mergers and acquisition  Answer: EBITDA Question MCQ26 : _______ repays some or all of a loan when the borrower is insolvent Answer: Credit insurance Question MCQ27 : According to economists, equipment acquired by a firm for production with which to earn income from its operations in the long run is a/an _____? Answer: Investment Question MCQ28 : Tax is a monetary levy imposed on individuals to generate revenue for who? Answer: The government Question MCQ29 : ______ products can be used for: insuring against price movements such as in the case of hedging; guiding against exposure to price movements for speculation Answer: Derivative Question MCQ30 : Contingency fund can be categorized into ___main areas Answer: 2 Question MCQ31 : _______ is associated with the cliché that you should “not put all your eggs in one basket.” Answer: Diversification Question MCQ32 : There are mainly _____ types of risk that are associated with investment in the capital market Answer: Two Question MCQ33 : _______is one of the hardest investments to make because it requires more than just money Answer: Entrepreneurship Question MCQ34 : The steps involved in personal financial planning process Include all of the following except _____ Answer: Goal division Question MCQ35 : The essence of investment hinges on _______ returns Answer: Expected