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1. Which statement best describes Insider trading? Trading on material non-public information in violation of law The market where investors trade previously issued securities Equity that commonly carries voting rights and residual ownership The market where issuers sell newly created securities
2. Which pairing is NOT accurate? Yield — Spreading exposure to reduce concentration risk Diversification — Spreading exposure to reduce concentration risk Market order — An instruction prioritising immediate execution over a specified price Limit order — An instruction setting a maximum purchase or minimum sale price
3. Which term matches this description: “Investment income expressed relative to price or value”? Market order Diversification Yield Limit order
4. Which pairing is accurate? Primary market — The market where issuers sell newly created securities Insider trading — Trading on material non-public information in violation of law SEC — The federal agency administering and enforcing US securities laws AML programme — Controls designed to detect and deter money laundering
5. Which statement best describes Market order? A firm acting as agent, principal, or both in securities transactions A US self-regulatory organisation overseeing member broker-dealers An instruction setting a maximum purchase or minimum sale price An instruction prioritising immediate execution over a specified price
6. Which pairing is accurate? Secondary market — The market where investors trade previously issued securities Insider trading — Trading on material non-public information in violation of law Common stock — Equity that commonly carries voting rights and residual ownership Primary market — The market where issuers sell newly created securities
7. Which statement best describes Limit order? A firm acting as agent, principal, or both in securities transactions An instruction setting a maximum purchase or minimum sale price The federal agency administering and enforcing US securities laws A US self-regulatory organisation overseeing member broker-dealers
8. Which pairing is NOT accurate? Diversification — Spreading exposure to reduce concentration risk Market order — An instruction prioritising immediate execution over a specified price Yield — Investment income expressed relative to price or value Bond — Investment income expressed relative to price or value
9. Which term matches this description: “A firm acting as agent, principal, or both in securities transactions”? Broker-dealer SEC AML programme FINRA
10. Which pairing is NOT accurate? Secondary market — The market where investors trade previously issued securities Insider trading — The market where issuers sell newly created securities Common stock — Equity that commonly carries voting rights and residual ownership Primary market — The market where issuers sell newly created securities
11. Which pairing is accurate? Broker-dealer — A firm acting as agent, principal, or both in securities transactions Limit order — An instruction setting a maximum purchase or minimum sale price Market order — An instruction prioritising immediate execution over a specified price FINRA — A US self-regulatory organisation overseeing member broker-dealers
12. Which statement best describes Common stock? Spreading exposure to reduce concentration risk Investment income expressed relative to price or value A debt security representing an issuer obligation Equity that commonly carries voting rights and residual ownership
13. Which pairing is NOT accurate? Limit order — A firm acting as agent, principal, or both in securities transactions Broker-dealer — A firm acting as agent, principal, or both in securities transactions FINRA — A US self-regulatory organisation overseeing member broker-dealers SEC — The federal agency administering and enforcing US securities laws
14. Which pairing is NOT accurate? Yield — Investment income expressed relative to price or value Common stock — A debt security representing an issuer obligation Diversification — Spreading exposure to reduce concentration risk Bond — A debt security representing an issuer obligation
15. Which pairing is accurate? Market order — An instruction prioritising immediate execution over a specified price Yield — Investment income expressed relative to price or value Limit order — An instruction setting a maximum purchase or minimum sale price Diversification — Spreading exposure to reduce concentration risk
16. Which pairing is accurate? Bond — A debt security representing an issuer obligation Market order — An instruction prioritising immediate execution over a specified price Yield — Investment income expressed relative to price or value Diversification — Spreading exposure to reduce concentration risk
17. Which pairing is accurate? FINRA — A US self-regulatory organisation overseeing member broker-dealers SEC — The federal agency administering and enforcing US securities laws AML programme — Controls designed to detect and deter money laundering Insider trading — Trading on material non-public information in violation of law
18. Which pairing is accurate? Bond — A debt security representing an issuer obligation Common stock — Equity that commonly carries voting rights and residual ownership Secondary market — The market where investors trade previously issued securities Yield — Investment income expressed relative to price or value
19. Which term matches this description: “The market where investors trade previously issued securities”? Yield Bond Common stock Secondary market
20. Which statement best describes Diversification? Spreading exposure to reduce concentration risk An instruction setting a maximum purchase or minimum sale price A firm acting as agent, principal, or both in securities transactions An instruction prioritising immediate execution over a specified price
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Practice format Choose any of 10 mock sets. Every set offers a 20-question mini test or a 50-question full practice exam with explanations.
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Which practice mode should I use? Use the 20-question mini test for focused revision and the 50-question full test for longer practice. A practice score is not an official result.
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