data = [
    {
     "question" : "1. Are bonds risk-free?",
      "feedback" : "While they are typically viewed as less risky than shares, bonds are not risk-free.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Yes"
        },
        {
          "optionId" : 2,
         "optionText" : "No"
        }]
    },
    {
     "question" : "2. Can an investment in bonds produce both income and a capital gain or loss?",
      "feedback" : "Many investors focus on the income paid by a bond. It is important also to understand that the price of a bond fluctuates, and that it is therefore possible to make a capital gain or loss from a bond.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Yes"
        },
        {
          "optionId" : 2,
         "optionText" : "No"
        }]
    },
    {
     "question" : "3. The investment performance of bonds is generally correlated with the performance of the sharemarket.",
      "feedback" : "Bonds enable you to diversify your exposure, as the investment performance of bonds generally is not correlated with the performance of the sharemarket.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "4. The lower the perceived risk of the bond issuer, the higher the return investors will demand.",
      "feedback" : "A bond's risk and its potential return depend largely on who the issuer is. The riskier that investors think the issuer is, the higher the return they will demand.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "5. What is likely to happen to the price of a bond if investors expect market interest rates to fall?",
      "feedback" : "If investors expect interest rates to fall, bond prices are likely to rise. ",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Rise"
        },
        {
          "optionId" : 2,
         "optionText" : "Fall"
        },
        {
          "optionId" : 3,
         "optionText" : "Nothing"
        }]
    },{
     "question" : "6. What does a fixed income ETF track?",
      "feedback" : "A fixed income ETF tracks a specified index that measures the performance of a portfolio of bonds.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "The price of a single bond"
        },
        {
          "optionId" : 2,
         "optionText" : "A bond index"
        }]
    },
    {
     "question" : "7. Does a fixed income ETF have a maturity date?",
      "feedback" : "Unlike the individual bonds within the portfolio, a fixed income ETF does not have a maturity date.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Yes"
        },
        {
          "optionId" : 2,
         "optionText" : "No"
        }]
    },{
     "question" : "8. Corporate bonds typically have lower risk and offer lower returns than government bonds.",
      "feedback" : "Bonds issued by federal and state governments generally have lower credit risk, and therefore offer lower returns, than corporate bonds.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "9.  On which of the following is it possible to make a capital loss?",
      "feedback" : "The price of a bond fluctuates, so it is possible to make a capital gain or loss on a bond. You may also make a capital gain or loss on a fixed income ETF, as the price of the ETF changes in response to changes in the value of the bond portfolio.",
      "correctAnswer" : "3",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Bonds"
        },
        {
          "optionId" : 2,
         "optionText" : "Fixed income ETFs"
        },
        {
          "optionId" : 3,
         "optionText" : "Both bonds and fixed income ETFs"
        },
        {
          "optionId" : 4,
         "optionText" : "Neither bonds nor fixed income ETFs"
        }]
    },{
     "question" : "10.  The distributions paid by a fixed income ETF vary over time.",
      "feedback" : "Unlike the income received from a bond, the distributions paid by a fixed income ETF will vary.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "11. Which performance measure of an ETF's bond portfolio gives the better indication of the income you will receive each quarter?",
      "feedback" : "The running yield gives you an indication of the income you will receive each quarter. The running yield of the ETF's bond portfolio is a weighted average of the running yields of all the bonds in the portfolio.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Running yield"
        },
        {
          "optionId" : 2,
         "optionText" : "Yield to maturity"
        }]
    },
    {
     "question" : "12. Which performance measure of an ETF's bond portfolio gives the better indication of your overall return from the ETF?",
      "feedback" : "The yield to maturity (YTM) takes into account both distributions paid by the bonds in the portfolio and any capital gain or loss the ETF will make when the bonds mature. Because of this, it is a more complete measure of return than the running yield, which does not take capital return into account.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Running yield"
        },
        {
          "optionId" : 2,
         "optionText" : "Yield to maturity"
        }]
    },
    {
     "question" : "13. A YTM that is significantly lower than the running yield for the bond portfolio indicates that the price of the fixed income ETF is likely to fall over time.",
      "feedback" : "A YTM that is significantly lower than the running yield tells you that the bonds are likely to fall in price by maturity, leading to a fall in the value of the bond portfolio and therefore in the price of the ETF.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "14. Do bonds issued by federal and state governments generally have lower credit risk than other fixed income securities?",
      "feedback" : "Government bonds generally have lower credit risk than other fixed income securities.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Yes"
        },
        {
          "optionId" : 2,
         "optionText" : "No"
        }]
    },
    {
     "question" : "15. How is a decrease in interest rates likely to affect the value of a bond portfolio?",
      "feedback" : "Falling interest rates may result in an increase in the value of the bond portfolio.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Likely to result in an increase in value"
        },
        {
          "optionId" : 2,
         "optionText" : "Likely to result in a decrease in value "
        },
        {
         "optionId" : 3,
         "optionText" : "No impact"
        }]
    }
    
  ];