1. Question 11

   You are completely risk averse. You have 10,000 to save for a couple of years. Which of the following options would be right for you?

   1. UK Building Society offering 1.4% for two years.

   2. Investing in Gold

   3. Qatar Government Securities

   4. Investing in Real Estate

2. Question 13

   Who is responsible for regulating the financial industry in United Kingdom?

   1. The FSC and the FSD.

   2. The FSE and the LSE.

   3. The FCA and the PRA.

   4. The FSB and the FSS.

3. Question 14

   Why is it important to understand the time value of money?

   1. It helps me to know when I can buy lots of gold now to gain profit in future price

   2. It helps me to know when my salary comes in and goes out in each month.

   3. It helps me to know how much a watch will cost now in terms of future prices.

   4. It helps me to understand how much a future sum will compare at todays prices.

4. Question 15

   ABC bank offers a credit card that levies interest of 25% per annum (APR) and the balance owed on credit card is $ 7000. The monthly Nominal interest for November month would be.

   1. 160.89

   2. 143.84

   3. 155.58

   4. 163.64