Which of the following is not a Contractual Savings Institution? O a. Government Retirement Fund O b. Life Insurance Company O c. Pension Fund O d. Savings and Loan AssociationWhich of the following is an Investment Intermediary? O a. Credit Union O b. Insurance Company O c. Commercial Bank O d. Finance CompanyWhich of the following is not a function of the Financial Services Commission of TCI? a. To promulgate codes of good conduct in financial services business b. To consult with similar institutions out with the Island C. To administer the financial services Ordinances d. To low levels of criminal activity within TCIAn agreed rate at which one currency can be exchanged for another at some pre-arranged date in the future (usually ninety days) is a: O a. Future rate O b. None of the choices O c. Forward rate O d. Spot rateWhich of the following is the riskiest to invest in? O a. Treasury Bills O b. Common Stocks O c. Corporate Bonds O d. Municipal BondsThe amount of money the firm borrows and promises to repay on the maturity date of a bond is known as: O a. None of the choices O b. Maturity Date O c. Coupon O d. Face ValueIdentify which of the following are common functions of the Central Bank: Supervising the Stock Market 11. Lending to the Commercial Banking Sector 111. Lending to the general public IV. Forming and implementing monetary policy O a. I, II and IV only O b. I and Ill only O c. All of the above O d. Il and IV onlyWhich of the following is the most liquid Deposit account offered by Commercial Banks? a. Fixed Deposit O b. None of the choices c. Savings Deposit O d. Current DepositThe rate at which one currency can be exchanged for another and where the transaction is settled within two days is a: O a. Forward rate b. Spot rate O c. Future rate Od. None of the choices Clear my choiceWhich of the following is the primary service of a Commercial Bank? O a. Remittance of Funds O b. Creation of Credit O. C. Clearing Cheques d. Acceptance of DepositThe risk that a borrower is unable to fulfil the terms promised under the loan contract is: O a. Interest Rate Risk O b. Credit Risk O c. Liquidity Risk O d. Market RiskWhich of the following is least risky to invest in? O a. Corporate Bonds O b. Common Stocks O c. Treasury Bills O d. Municipal BondsWhich of the following is not a Depository Institution? O a. Savings and Loan Association O b. Credit Union O c. Life Insurance Company O d. Commercial Bank