FCA Sample Exam Questions And Answers (Updated And Verified)

FCA Sample Exam Questions And Answers (Updated And Verified) When a shareholder delegates the right to vote at an AGM to another person, which o f the following statements is TRUE? - answer✔✔They appoint a proxy Which of the following normally have voting rights attributed to them at the time of issue? - answer✔✔Ordinary shares A fund manager has decided to adopt a `core -satellite` approach to its investment strategy. The key characteristic of this strategy is that it combines: - answer✔✔active management with passive management The published spread of a unit trust price is the difference between which of the following? - answer✔✔the selling and buy ing prices of the units What is the MAXIMUM compensation award that the Financial Ombudsman can make a firm pay? - answer✔✔150,000 Which of the following is a measure of inflation in the UK - answer✔✔Retail Price Index What does the seller of an option nor mally acquire? - answer✔✔An immediate premium The profits made from full encashment of which ONE of the following products will be treated for tax purposes as income rather than capital gains? - answer✔✔Investment bonds A capitalisation issue would have wh ich of the following effects on an investor`s shareholding? - answer✔✔The number of shares will change Capital Gains Tax is payable on which of the following assets? - answer✔✔The sale of equities Spot FX is traded on Tuesday. When will the currency arrive in the recipients` bank - answer✔✔Thursday The obligation to buy an underlying stock at an agreed price at a specified future date is known as a: - answer✔✔future Which of the following financial activities is MOST likely to be carried out in the retail s ector? - answer✔✔Financial planning