Switzerland is best known as global financial center for its 200 year plus track record in the following area, which is facilitated by its strict bank secrecy laws and multi-lingual population, whose native language include: German, French and Italian.

	a.	Investment banking especially in M&A advisory and hostile takeovers.
	b.	Private banking and wealth management
	c.	Project finance for oil and gas refineries in the Middle East
	d.	Remittance services for expats worldwide
	e.	All of the above

What is meant by the Federal Reserves dual mandate?

	a.	Maximize employment consistent with price stability, defined as 2% inflation.
	b.	Consult with Congress before every interest rates move.
	c.	Maintain inflation at 2% or lower as the sole objective of Fed policy.
	d.	A & B
	e.	A, B & C

Which of the following statement about Nakheels planned $4.6 billion restructuring deal is not accurate?

	a.	Nakheel wants to refinance $3 billion of existing debt and raise $1.6 billion in fresh financing from its lenders.
	b.	Nakheel is a major property developer whose majority owner is Government of Dubai.
	c.	Nakheel wants to take advantage of the foreign demand for seafront villas/buildings in Dubai by developing the stalled Palm Jebel Ali project.
	d.	The rise in US dollar rates in 2022 will not make it more expensive for Nakheel to refinance its existing debt and raise new money in the global bond market.
	e.	Emirates NBD, Mashreq Bank and Dubai Islamic Bank are three major lenders to Nakheel in the UAE.