Australian Regulatory Framework Quiz

Australian Regulatory Framework Quiz

University

41 Qs

quiz-placeholder

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Australian Regulatory Framework Quiz

Australian Regulatory Framework Quiz

Assessment

Passage

English

University

Hard

Created by

Cayleigh Owens

FREE Resource

41 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of the Australian Regulatory Framework as mentioned in the document?

To provide financial assistance to businesses

To ensure investors and the economy are protected and able to operate transparently and accountably

To regulate educational institutions

To promote tourism in Australia

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT one of the agencies that make up the Australian Regulatory Framework?

Australian Prudential Regulation Authority (APRA)

Australian Securities and Investment Commission (ASIC)

The Reserve Bank of Australia

Australian Health and Safety Commission

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many agencies are part of the Australian Regulatory Framework?

Two

Three

Four

Five

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the role of the Australian Prudential Regulation Authority (APRA)?

It is a private financial consultancy firm.

It is the financial services industry's prudential regulator.

It is a government agency that manages wildlife reserves.

It is a non-profit organization that promotes financial literacy.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT overseen by APRA?

Credit Unions

Building Societies

Friendly Societies

Stock Exchanges

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of insurance is regulated by APRA?

Travel Insurance

Life Insurance

Pet Insurance

Property Insurance

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary role of the Australian Securities and Investments Commission (ASIC)?

To provide banking services to Australian citizens

To oversee educational standards in Australia

To ensure that Australia's financial markets operate fairly and transparently

To promote tourism in Australia

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