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18) The Jamaica stock exchange was incorporate as a private limited company in: A. August 1968 B. August 1978 C. September 1958 D. September 1968

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18) The Jamaica stock exchange was incorporate as a private limited company in: A. August 1968 B. August 1978 C. September 1958 D. September 1968 19) Which of the following is NOT an objective of the Jamaica stock exchange: A. Orderly development of the stock market B. Provide facilities for transaction of stock market business C. Broker-member operate at the highest ethical standard D. To provide income to the government 20) The Exchange is governed by a council consisting of: A. A representative of Ministry of Agriculture B. A representative of Ministry of Technology C. A representative of Ministry of Finance D. A representative of Ministry of National Security 21) Which of the following security is not traded on the Jamaica stock exchange: A. Government bonds B. Ordinary shares C. Preference shares D. Common shares 22) Which of the following securities have a default-free risk? A. United States treasury bills B. Common stocks C. Commercial papers D. Mortgages 23) Which of the following securities have a high-degree of risk: A. Treasury bills B. Mortgages C. Common Stocks D. Commercial papers

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