data = [ { "question" : "1. An index is a measure of change in value over time.", "feedback" : "An index is a measure of change in value over time. Market indices like the All Ordinaries measure the change in value of the share market. Another widely used index is the Consumer Price Index which is the measure of the rise in prices over a period of time - known as the rate of inflation.", "correctAnswer" : "1", "answers": [{ "optionId" : 1, "optionText" : "TRUE" }, { "optionId" : 2, "optionText" : "FALSE" }] }, { "question" : "2. The Accumulation Index accounts for the re-investment of dividends as well as the capital value that the All Ords measures. ", "feedback" : "The Accumulation Index measures the total return on investment by including dividends in its calculations. As a result it has risen by twice as much as the All Ordinaries since both indices began being calculated.", "correctAnswer" : "1", "answers": [{ "optionId" : 1, "optionText" : "TRUE" }, { "optionId" : 2, "optionText" : "FALSE" }] }, { "question" : "3. The Nikkei is the index of which international stock exchange?", "feedback" : "The Nikkei is the leading index of the Tokyo Stock Exchange. The FTSE is the London Exchange index, New York's major index is the Dow Jones and the S&P/TSX Composite is the major index for the Toronto Stock Exchange. ", "correctAnswer" : "3", "answers": [{ "optionId" : 1, "optionText" : "London" }, { "optionId" : 2, "optionText" : "New York" }, { "optionId" : 3, "optionText" : "Tokyo" }, { "optionId" : 4, "optionText" : "Toronto" }] }, { "question" : "4. There are two main indices used to measure the performance of the Australian sharemarket, these are", "feedback" : "Standard & Poors (S&P) Index Services provides the index calculation services for the Australian sharemarket. While the All Ordinaries has been a popular index for many years, the main index used in the Australian market is the S&P/ASX 200 index. It is recognised as the investable benchmark for the Australian equity market. It addresses the needs of investment managers to benchmark against a portfolio characterized by sufficient size and liquidity. The S&P/ASX 200 is comprised of the S&P/ASX 100 plus an additional 100 stocks.", "correctAnswer" : "4", "answers": [{ "optionId" : 1, "optionText" : "The Dow and the All Ords" }, { "optionId" : 2, "optionText" : "CPI and the All Ordinaries" }, { "optionId" : 3, "optionText" : "S&P/ASX 100 and S&P/ASX 200" }, { "optionId" : 4, "optionText" : "S&P/ASX 200 and the All Ordinaries" }] },{ "question" : "5. Market Capitalisation is a measure of the size of a company. How is market capitalisation calculated?", "feedback" : "Market Capitalisation is calculated by multiplying the number of shares on issue by the market price for that company. Market capitalisation is used as indication of the relative size of listed companies.", "correctAnswer" : "2", "answers": [{ "optionId" : 1, "optionText" : "Number of shares on issue divided by the share price" }, { "optionId" : 2, "optionText" : "Number of shares on issue multiplied by the share price" }, { "optionId" : 3, "optionText" : "Number of shares on issue multiplied by a company's net profit" }, { "optionId" : 4, "optionText" : "Number of share on issue multiplied by the free float of a company" }] },{ "question" : "6. GICS is a global classification system for companies. It groups companies into categories according to their", "feedback" : "Companies are grouped into GICS sectors reflecting their main business activities. The standardised classification system has the advantage that it encourages foreign investors to look into local markets, as well as allowing local investors to look at the rest of the world and compare stocks via industry classification. This approach contributes to transparency and efficiency in the investment process.", "correctAnswer" : "4", "answers": [{ "optionId" : 1, "optionText" : "Liquidity" }, { "optionId" : 2, "optionText" : "Share price volatility" }, { "optionId" : 3, "optionText" : "Market capitalisation" }, { "optionId" : 4, "optionText" : "Main business activities" }] }, { "question" : "7. Which of the following is the most likely outcome of a rise in commodity prices on the resources sector of the Australian sharemarket? The answer assumes no overriding influences", "feedback" : "A rise in commodity prices will generally have a positive impact on the companies in the resources sector. Companies in the resources sector make their profits from the prices charged for the raw materials they mine. Increased company profitability will attract more investors to the sector which will boost the overall performance and sector returns. ", "correctAnswer" : "1", "answers": [{ "optionId" : 1, "optionText" : "It will send the sector in the same direction as commodity prices - up" }, { "optionId" : 2, "optionText" : "It will have no impact as investors will not react to the change" }, { "optionId" : 3, "optionText" : "It will send the sector in the opposite direction to commodity prices - down" }, { "optionId" : 4, "optionText" : "It will send the sector lower as people search for safe stocks" }] },{ "question" : "8. A sharemarket table published in the financial pages of a weekday newspaper usually separates shares into which categories", "feedback" : "Industrials and resources is the most common broad sector split for companies listed on the sharemarket. Newspapers use these two categories to organise the companies in their sharemarket tables. Resource companies include those involved in exploration and mining of minerals, oils and gas. All other companies fall into the industrials sector. ", "correctAnswer" : "4", "answers": [{ "optionId" : 1, "optionText" : "Gains and losses" }, { "optionId" : 2, "optionText" : "The GICS sectors" }, { "optionId" : 3, "optionText" : "The 20 sub-indices" }, { "optionId" : 4, "optionText" : "Industrials and resources" }] }, { "question" : "9. A company involved in the retail of barbeques and outdoor furniture would be classified as being in which GICS sector?", "feedback" : "The Consumer Discretionary sector covers businesses involved in retail operations such as furniture, motor vehicles, consumer durables and apparel.", "correctAnswer" : "3", "answers": [{ "optionId" : 1, "optionText" : "Materials" }, { "optionId" : 2, "optionText" : "Consumer Staples" }, { "optionId" : 3, "optionText" : "Consumer Discretionary" }, { "optionId" : 4, "optionText" : "BBQ Sector" }] } ];