71. What is the role of a commodities exchange?
a. Providing loans to individuals and businesses in the commodity sector
b. Offering insurance coverage for commodity prices
c. Facilitating the buying and selling of commodities contracts
d. Regulating the activities of commercial banks in the commodities market
72. Which financial institution is responsible for regulating and supervising the banking industry in Canada?
a. Bank of Canada
b. Investment Industry Regulatory Organization of Canada (IIROC)
c. Office of the Superintendent of Financial Institutions (OSFI)
d. Financial Consumer Agency of Canada (FCAC)
73. What is the purpose of a debit card?
a. Providing loans to individuals and businesses
b. Offering insurance coverage for debit transactions
c. Facilitating electronic payments and access to funds in a bank account
d. Regulating foreign exchange transactions
74. What is the role of a financial ombudsman?
a. Providing loans to individuals and businesses
b. Offering insurance coverage for financial disputes
c. Regulating stock market transactions
d. Resolving complaints between financial institutions and consumers
75. What is the purpose of a margin account in investing?
a. Providing insurance coverage for investment portfolios
b. Offering loans to investors to leverage their investment positions
c. Speculating on the price movements of stocks and derivatives
d. Regulating interest rates in the banking sector
