id,question,choice1,choice2,choice3,choice4,solution,q_id
1,Which of the following is a correct combination of primary fund lenders and fund borrowers in the financial system? ,Households and government ,Households and non-residents,Businesses and households,Government and non-residents,Households and government ,2
2,Which of the following is not a defensive tactic in a hostile takeover? ,A shareholder rights plan,Selling the crown jewels,Finding a white knight,Introducing a trojan horse,Introducing a trojan horse,6
3,"Why do investment banks have a ""Chinese wall"" between the corporate-advisory area and the brokering department?",To prevent conflicts of interest,To improve their compliance system,To detect securities fraud,To provide corporate advice that is not influenced by the fluctuations on the stock market.,To prevent conflicts of interest,28
4,Which of the following statements about an efficient market is false? ,It reflects all relevant and available information,Prices will reflect such information as firm financial strength and earnings. ,It reacts to new information quickly and correctly.,Price changes follow predictable patterns through time. ,Price changes follow predictable patterns through time. ,22
5,"Which of the following ""statements"" is true about the financial crisis of 2008? ",The crisis in the Canadian banking sector turned into the global financial crisis.,The Canadian government bailed out one major Canadian bank. ,The Canadian stock market was not roughly hit by the financial crisis. ,The crisis in the U.S. banking sector turned into a global financial crisis. ,The crisis in the U.S. banking sector turned into a global financial crisis. ,5
6,"Where do investors trade company shares?",Fixed income markets,Stock markets,Commodity markets,Derivative markets,Stock markets,35
7,The debt/EBITDA measures: ,The ability of a company to pay off its incurred debts,Company level of margins,company working capital needs,company profitability,company profitability,17
8,What are the three main functions of an investment banker?,"Spreading; selling; serving","Overwriting; computing; collecting" ,"Trading; buying; consulting","Underwriting; distributing; advising","Underwriting; distributing; advising",37
9,"Although markets may not be perfectly efficient, they are relatively efficient. This implies that:",Fundamental analysis based on publicly available information is likely to successfully generate abnormal profits. ,Technical analysis is not likely to be rewarded by substantial abnormal returns.,"As it relates to fundamental analysis, average or below average analysis of publicly available information will likely be fruitful.","As it relates to technical and fundamental analysis, active trading strategies are likely to outperform passive portfolio management strategies. ",Technical analysis is not likely to be rewarded by substantial abnormal returns.,14
10,What is the main reason for a firm to go public?,Increasing the firm's prestige and attractivity.,Facilitating acquisitions of other firms. ,Getting feedback on the firm performance,Raising capital ,Raising capital ,26