CQIB EVALUATION EXAMS 2025/2026 QUESTIONS WITH
ANSWERS RATED A+
✔✔What was the Great Depression? - ✔✔World economy crisis in 1930s
✔✔What happened in NZ during WWII - ✔✔Pastoral Prosperity
✔✔When did union bank of australis and bank of Austalasis mergers to form ANZ? -
✔✔1951
✔✔When were trading banks able to operate savings banks? - ✔✔1960
✔✔What happened to the NZ economy in the 1970s? - ✔✔Heavily regulated and the
first oil shock
✔✔What are the two categories of the financial institution in NZ? - ✔✔registered banks
and non bank financials
✔✔What happened to the NZ economy in the 1990s-2000s? - ✔✔Open economy with
many banks which struggled to remain profitable
✔✔What was the global financial crisis? - ✔✔Economic crisis 2008
✔✔What did RNBZ announce during the global financial crisis? - ✔✔Retail deposit
guarantee
✔✔What was the misconduct in the banking, superannuation and financial services
industry in the 2010s? - ✔✔scandals
✔✔What is the RBNZ act? - ✔✔Law to modernise how the reserve bank operates and
Is governed
✔✔What are primary markets? - ✔✔Where new issues of shares or securities are
offered to market for the first time
✔✔what are secondary markets? - ✔✔Securities are traded after their initial release,
'second-hand market'
✔✔exchange traded markets - ✔✔physical or electrons exchange facility like the NZ
stock exchange
✔✔What are over the counter markets? - ✔✔Non-standardised and negotiated between
the parties involved
, ✔✔What is the interest rate or debt market - ✔✔Trading short term and long term
securities like government or corporate bonds
✔✔What is the foreign exchange market - ✔✔Exchanging one currency for another
✔✔What is the equities market? - ✔✔Trading shares in listed companies
✔✔What is the commodities market - ✔✔trading in raw or primary products i.e grains,
livelistock, electricity
✔✔What is the derivatives market? - ✔✔Contract with value derived from one or more
underlying asset or instruments
✔✔What is a building society - ✔✔A mutual institution where each person who has a
savings account or mortgage with them is a member. It has a board of directors who are
responsible for setting the strategy
✔✔What is a credit union - ✔✔Mutually-owned institutions where finances are borrowed
from a combined resource
✔✔what is life insurance? - ✔✔increase that covers death risk
✔✔What is income protection insurance? - ✔✔insurance that covers loss of income die
to illness or injury
✔✔What is mortgage protection insurance - ✔✔insurance that covers mortgage
payments in case of death or disability
✔✔what is total and permanent cover? - ✔✔insurance that covers permanent disability
✔✔What Is trauma cover? - ✔✔insurance that covers critical illness
✔✔What is general insurance? - ✔✔insurance for property, motor, vehicles, employers
liability
✔✔What is health insurance? - ✔✔insurance for health-related issues
✔✔What is crowdfunding - ✔✔Service that acts as a intermediary between issuers and
investors
✔✔What is fintech - ✔✔New digital technology to provide alternative platforms to
delivery financial services
ANSWERS RATED A+
✔✔What was the Great Depression? - ✔✔World economy crisis in 1930s
✔✔What happened in NZ during WWII - ✔✔Pastoral Prosperity
✔✔When did union bank of australis and bank of Austalasis mergers to form ANZ? -
✔✔1951
✔✔When were trading banks able to operate savings banks? - ✔✔1960
✔✔What happened to the NZ economy in the 1970s? - ✔✔Heavily regulated and the
first oil shock
✔✔What are the two categories of the financial institution in NZ? - ✔✔registered banks
and non bank financials
✔✔What happened to the NZ economy in the 1990s-2000s? - ✔✔Open economy with
many banks which struggled to remain profitable
✔✔What was the global financial crisis? - ✔✔Economic crisis 2008
✔✔What did RNBZ announce during the global financial crisis? - ✔✔Retail deposit
guarantee
✔✔What was the misconduct in the banking, superannuation and financial services
industry in the 2010s? - ✔✔scandals
✔✔What is the RBNZ act? - ✔✔Law to modernise how the reserve bank operates and
Is governed
✔✔What are primary markets? - ✔✔Where new issues of shares or securities are
offered to market for the first time
✔✔what are secondary markets? - ✔✔Securities are traded after their initial release,
'second-hand market'
✔✔exchange traded markets - ✔✔physical or electrons exchange facility like the NZ
stock exchange
✔✔What are over the counter markets? - ✔✔Non-standardised and negotiated between
the parties involved
, ✔✔What is the interest rate or debt market - ✔✔Trading short term and long term
securities like government or corporate bonds
✔✔What is the foreign exchange market - ✔✔Exchanging one currency for another
✔✔What is the equities market? - ✔✔Trading shares in listed companies
✔✔What is the commodities market - ✔✔trading in raw or primary products i.e grains,
livelistock, electricity
✔✔What is the derivatives market? - ✔✔Contract with value derived from one or more
underlying asset or instruments
✔✔What is a building society - ✔✔A mutual institution where each person who has a
savings account or mortgage with them is a member. It has a board of directors who are
responsible for setting the strategy
✔✔What is a credit union - ✔✔Mutually-owned institutions where finances are borrowed
from a combined resource
✔✔what is life insurance? - ✔✔increase that covers death risk
✔✔What is income protection insurance? - ✔✔insurance that covers loss of income die
to illness or injury
✔✔What is mortgage protection insurance - ✔✔insurance that covers mortgage
payments in case of death or disability
✔✔what is total and permanent cover? - ✔✔insurance that covers permanent disability
✔✔What Is trauma cover? - ✔✔insurance that covers critical illness
✔✔What is general insurance? - ✔✔insurance for property, motor, vehicles, employers
liability
✔✔What is health insurance? - ✔✔insurance for health-related issues
✔✔What is crowdfunding - ✔✔Service that acts as a intermediary between issuers and
investors
✔✔What is fintech - ✔✔New digital technology to provide alternative platforms to
delivery financial services
