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WorksheetsFintech
Total questions: 25
Worksheet time: 1hrs 15mins
What is the purpose of Fintech?
make the most money possible for companies
to improve and automate the delivery and use of financial services
save customers the most money
none of these
A digital ledger in which transactions made in bitcoin or another cryptocurrency are recorded chronologically and publicly.
Venture Capital
Blockchain
Bitcoin
NBFC's
A digital cash system that uses cryptography to secure the exchange financial transactions.
P2P lending
Blockchain
NBFC's
Crypto-currency
Select all of the following that help fintech companies be competitive with larger, more established companies? (Select all that applies)
AI
Chatbots
Blockchains
Robo-advisors
Which of the following are potential problems for fintech companies? (Select all that applies)
consumer access to technology
changing regulatory environment
attractiveness of products
data security
Blue chip stocks? Which of the following is true
They are growing fast compared to competiion
Earnings are used for reinvestment
They are traded on foreign stock exchanges
These companies are consistently profitable
A 20-day simple moving average is an example of what?
Technical indicator
Trading signal
Crossover strategy
Backtesting
Shared data that exists without ownership, controls or centralization but that requires consensus around its validation, replication and synchronization across multiple nodes.
distributed ledger
API
cryptocurrency
Crowdsourcing
What is a distributed ledger technology (DLT) application suited for physical assets?
Tokenization
Cryptocurrencies
Permissioned networks
Tokenization & Cryptocurrencies
A benefit of distributed ledger technology (DLT) favoring its use by the investment industry is its:
scalability of underlying systems.
ease of integration with existing systems.
streamlining of current post-trade processes.
All are correct
A factor associated with the widespread adoption of algorithmic trading is increased:
market efficiency.
average trade sizes.
trading destinations.
portfolio efficiency
Which of the following statements on fintech’s use of data as part of risk analysis is correct?
Stress testing requires precise inputs and excludes qualitative data
Machine learning ensures that traditional and alternative data are fully segregated.
For real-time risk monitoring, data may be aggregated for reporting and used as model inputs.
All are correct
In providing investment services, robo-advisers are most likely to:
rely on their cost effectiveness to pursue active strategies.
offer fairly conservative advice as easily accessible guidance.
be free from regulation when acting as fully-automated wealth managers.
rely on their cost effectiveness and be free from regulation.
Text Analytics is appropriate for application to:
economic trend analysis
large, structured datasets.
public but not private information.
economic trend analysis and large, structured datasets
In the use of machine learning (ML):
some techniques are termed “black box” due to data biases.
human judgment is not needed because algorithms continuously learn from data.
training data can be learned too precisely, resulting in inaccurate predictions when used with different datasets.
it can be used in economic trend analysis.
A characteristic of Big Data is (are) that:
one of its traditional sources is business processes.
it involves formats with diverse types of structures.
real-time communication of it is uncommon due to vast content
all are correct
A correct description of fintech is that it:
is driven by rapid growth in data and related technological advances.
increases the need for intermediaries.
is at its most advanced state using systems that follow specified rules and instructions.
decreases the need for intermediaries.
A Blockchain allows for... (Select ALL that apply!)
Peer-to-Peer transmission of information
Transparency with pseudo-anonymity
Irreversibility of Records
Faster transactions than traditional credit cards
The following are weaknesses of the blockchain technology (select all that apply)
Vulnerability to a single entity controlling many nodes
Weak encryption
No way to recover private data
Distributed data
Which of these is NOT a characteristic of fintech?
Scalable
Asset light
Compliance easy
No regulation
What is the purpose of Fintech?
make the most money possible for companies
to improve and automate the delivery and use of financial services
save customers the most money
none of these
Select all of the following that help fintech companies be competitive with larger, more established companies?
AI
Chatbots
Blockchains
Robo-advisors
Which of the following are potential problems for fintech companies?
consumer access to technology
changing regulatory environment
attractiveness of products
data security
