Assessment for Research/Fund Management Role

Which of the following is most likely to contribute negatively to the credit quality of an iron ore mining company?

• Purchase of a copper mine
• Acquisition of a COVID vaccine producer
• Compliance with green technologies
• Issuance of equity warrants

Which of the following characterises an oligopolistic market? Select all that apply

• High profit margins
• Low industry rivalry
• Moderate profit margins
• High industry rivalry
• High growth rates

Which of the following is the best measure for the purpose of credit analysis?

• Debt-to-equity ratio
• Total liabilities-to-total assets
• Debt-to-total assets
• Current assets-to-current liabilities

Which of the following is ithe best profitability measure for the purpose of understanding operating success?

• EBITDA margin
• Quick ratio
• ROE
• Net profit margin

Which of the following are likely to indicate corporate governance problems? Select all that apply

• A large number of non-independent directors
• Each board member has remained in the board for 20 years
• 90% of board members are male
• The same auditor has remained in the company for 5 years
• The Chairman of the Board is not the Chief Executive Officer

Which of the following variables is least likely to affect the direction of the interest rate outlook?

• Debt-to-GDP ratio
• GDP growth rate
• Inflation rate
• Exchange rate outlook

How would you interpret a 5% unemployment rate?

• 5 out of 100 jobseekers in the population are jobless
• Unemployment rose 5%
• 5 out of 100 persons in the population are jobless
• The number of jobseekers declined by 5%

Expansionary fiscal policy is likely to cause which of the following? Select all that apply

• Expansion in credit growth
• Increase in GDP growth rate
• Expansion in bond supply
• Decline in interest rates
• Increase in foreign investor interest

Which of the following is expected to cause an appreciation of the Malaysian currency

• An increase in net exports

• Tighter monetary policy relative to the US

• An increase in oil proce

• An increase in credit growth

• A decrease in the current account balance

Which of the following could lead to a negative outlook on the sovereign rating of a country? Select all that apply

• Government instability
• A decline in GDP per capita
• Multiple bank runs
• A rise in tax collections