FINTECH FINAL EXAM QUESTIONS WITH DETAILED VERIFIED AND 100% ACCURATE ANSWERS

FOUNDATIONS OF FINTECH QUESTIONS WITH DETAILED
VERIFIED AND 100% ACCURATE ANSWERS
True learning ______
a: doesn't require effort
b: doesn't require much time
c: can be made easy
d: is effortful and requires time Correct Answers is effortful and requires
time


Which of the following is not a critical component of effective learning?
a: forced recall
b: exercise
c: spaced-repetition
d: interleaving
e: sleep
f: reviewing notes Correct Answers reviewing notes


Which of the following is not necessary for a well-functioning
economy?
a: culture of trust
b: rule of law
c: governmental corruption
d: private property rights Correct Answers governmental corruption

, For a FinTech innovation to be successful, ______.
a: the finance science behind it must be sound
b: the technology behind it must work
c: there must be sufficient economic benefit
d: regulations must allow it
e: all of the above Correct Answers all of the above


In order to trust a model, Robert Merton claims that one must ________.
a: trust the motivations of the model's creator
b: trust the competence of the model's creator
c: trust the data
d: all of the above Correct Answers all of the above


The ____ family was responsible for the growth of banking in Italy.
a: Soprano
b: Medici
c: Godbey
d: Costanza Correct Answers Medici


The first insurance company was ________.
a: State Farm
b: Lloyd's of London
c: Allstate