What is Bitcoin?

• A type of bank

• A virtual currency

• A government bond

• A stock market index

Who are referred to as the "boomerang generation"?

• Retired individuals

• Young adults returning home

• College students

• New parents

What is a Challenger bank?

• A bank that only operates online

• A bank that challenges the 'big four'

• A bank that offers only savings accounts

• A bank that is government-owned

What is the purpose of the EU Gender Directive?

• To regulate gender-specific marketing

• To ensure equal access to goods and services

• To promote gender-specific insurance policies

• To establish gender quotas in companies

What is the role of the European Banking Authority?

• To manage the European Central Bank

• To ensure effective banking regulation

• To set interest rates for the EU

• To oversee the stock market

What does the Financial Services Compensation Scheme (FSCS) do?

• Provides loans to small businesses

• Compensates account holders if a provider defaults

• Insures properties against natural disasters

• Offers scholarships to finance students

What is the 'Help to Buy' equity loan scheme?

• A loan for purchasing luxury cars

• A government-backed home purchase initiative

• A student loan program

• A business startup fund

What is the European System of Financial Supervision?

• A system to regulate agricultural markets

• A system to stabilize financial markets in Europe

• A system to manage public transportation

• A system to oversee educational institutions

What is the Remuneration Code?

• A code requiring banks to pay all bonuses in cash.

• A code operated by the Financial Conduct Authority requiring that 50% of the bonuses paid to a bank’s senior managers and others in key positions of responsibility is paid in shares.

• A code that mandates all financial transactions to be transparent.

• A code that requires banks to disclose all employee salaries.

What does the Transparency Directive require?

• Financial services firms to hide sensitive information.

• Financial services firms to provide unregulated information.

• Financial services firms to store and provide regulated information in a specified manner.

• Financial services firms to disclose all client data publicly.