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CQIB FINAL EXAM QUESTIONS AND CORRECT
ANSWERS 2025
Four Pillars Policy-correct-answer-Rejecting the merger between the big four
banks, to avoid further concentration of major banks.
Building Societies-correct-answer-A building society is a type of financial
institution that provides banking and other financial services to its members.
Credit Unions-correct-answer-Like building societies, credit unions are also
mutually-owned institutions, providing basic, low
cost deposit, personal/housing loans and payment services to members.
PRIMARY MARKETS-correct-answer-Where new issues of shares or other forms of
security are offered to the market for the first time.
SECONDARY MARKETS-correct-answer-Where these securities are traded after
their initial issue, like a
"second hand" market, where securities that have already been
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issued through the primary market are traded again.
EXCHANGE TRADED MARKETS-correct-answer-Are organised and subsequently
traded on a physical or
electronic exchange facility, typically with business rules that
define relationships, products and conventions. In Australia
the main licensed exchange traded markets are equities and
exchange traded derivatives on the ASX.
OVER THE COUNTER MARKETS (OTC)-correct-answer-Non-standardised and
negotiated between the parties involved in the transaction
Microeconomics-correct-answer-Supply and demand and other forces that may
impact the price levels in the economy.
Taxes and regulation created by
governments.
Macroeconomics-correct-answer-• Unemployment rates
• Gross domestic product (GDP)
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• Inflation
• Exports and imports
FISCAL POLICY-correct-answer-Government spending and taxation that influences
the economy.
MONETARY POLICY-correct-answer-The Reserve Bank is responsible for Australia's
monetary policy which aims to maintain price stability full employment and the
economic prosperity of the Australian people by managing inflation.
Moral Absolutism-correct-answer-People who think that there are universal rules
that apply to everyone.
Moral Relativists-correct-answer-Dispute the idea that there are some universal
rules that all cultures ought to obey.
Relativism considers the diversity of human societies and responds to the different
circumstances surrounding human acts.
CQIB FINAL EXAM QUESTIONS AND CORRECT
ANSWERS 2025
Four Pillars Policy-correct-answer-Rejecting the merger between the big four
banks, to avoid further concentration of major banks.
Building Societies-correct-answer-A building society is a type of financial
institution that provides banking and other financial services to its members.
Credit Unions-correct-answer-Like building societies, credit unions are also
mutually-owned institutions, providing basic, low
cost deposit, personal/housing loans and payment services to members.
PRIMARY MARKETS-correct-answer-Where new issues of shares or other forms of
security are offered to the market for the first time.
SECONDARY MARKETS-correct-answer-Where these securities are traded after
their initial issue, like a
"second hand" market, where securities that have already been
,2|Page
issued through the primary market are traded again.
EXCHANGE TRADED MARKETS-correct-answer-Are organised and subsequently
traded on a physical or
electronic exchange facility, typically with business rules that
define relationships, products and conventions. In Australia
the main licensed exchange traded markets are equities and
exchange traded derivatives on the ASX.
OVER THE COUNTER MARKETS (OTC)-correct-answer-Non-standardised and
negotiated between the parties involved in the transaction
Microeconomics-correct-answer-Supply and demand and other forces that may
impact the price levels in the economy.
Taxes and regulation created by
governments.
Macroeconomics-correct-answer-• Unemployment rates
• Gross domestic product (GDP)
, 3|Page
• Inflation
• Exports and imports
FISCAL POLICY-correct-answer-Government spending and taxation that influences
the economy.
MONETARY POLICY-correct-answer-The Reserve Bank is responsible for Australia's
monetary policy which aims to maintain price stability full employment and the
economic prosperity of the Australian people by managing inflation.
Moral Absolutism-correct-answer-People who think that there are universal rules
that apply to everyone.
Moral Relativists-correct-answer-Dispute the idea that there are some universal
rules that all cultures ought to obey.
Relativism considers the diversity of human societies and responds to the different
circumstances surrounding human acts.
