CQIB Mock Exam Questions and Answers 2023 with complete solution

CQIB Mock Exam Questions and Answers 2023 with complete solution Which of the following is accurate regarding fiscal policy? Government spending and taxation that influences the economy. Who runs Superannuation funds? Trustees Which form of debt is a popular funding option due to taxation benefits that may be available for borrowers? Equipment leasing Which of the following roles do banks play in society and the economy as a whole? Facilitate the creation of money, act as a financial intermediary and contribute to the economy's development Which one of the following is accurate in relation to Australian banking history? Prior to 1910, banks could issue their own private bank notes. How often is the Consumer Price Index calculated? Quarterly Which of the following is true regarding banks? They are highly leveraged How would you describe government securities and semi-government securities? High Quality Liquid Assets How would a deontologist view justify killing a person about to commit a terrorist act if it meant saving the lives of many others? It would not be justified at it is wrong to kill. Which of the following would be considered a benefit of virtue ethics? It provides flexibility because there are no universal 'rules' to apply when making a decision A code of practice which is designed to prevent unprofessional conduct by focusing on high-level concepts such as fairness, rather than compliance with detailed rules refers to what type of approach? Principles based