data = [
    {
     "question" : "1. The most practical way to gain exposure to a commodity is to invest directly in the commodity itself. ",
      "feedback" : "Investing directly in a commodity is not usually a realistic option. A more practical method is to gain exposure via financial instruments such as futures contracts or commodity ETFs.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "2. A synthetic ETF tracks the spot price of the underlying commodity.",
      "feedback" : "A synthetic commodity ETF typically tracks an index that is based on futures contracts over the underlying commodity.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "3. What does a physically-backed commodity ETF track?",
      "feedback" : "If a commodity ETF is physically backed, the ETF holds the underlying commodity itself. A physically-backed commodity ETF aims to track the spot price of the commodity.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "The spot price of the commodity"
        },
        {
          "optionId" : 2,
         "optionText" : "At index"
        }]
    },
    {
     "question" : "4. An ETF that tracks an index based on a commodity futures contract may perform differently to the physical commodity itself.",
      "feedback" : "The price of a commodity futures contract may not be the same as the commodity's spot price, so an index-tracking ETF may perform differently to the underlying commodity. Generally, however, the correlation between the price of a commodity and the price of a futures contract over that commodity will be very high.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "5. Commodities are usually traded in Australian dollars.",
      "feedback" : "Most commodities are traded in US dollars.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "6. If you invest in a hedged commodity ETF, what are you exposed to?",
      "feedback" : " A currency-hedged ETF gives you pure exposure to the performance of the commodity. Currency hedging removes both the risk of an unfavourable currency movement, and the ability to benefit from a favourable movement.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Only the performance of the commodity"
        },
        {
          "optionId" : 2,
         "optionText" : "Only the performance of the $A against the $US"
        },
         {
          "optionId" : 3,
         "optionText" : "The performance both of the commodity and of the $A against the $US"
        }]
    },
    {
     "question" : "7. A strengthening of the $A against the $US generally works against the holder of an unhedged commodity ETF.",
      "feedback" : "If you hold an unhedged commodity ETF, a strengthening of the $A against the $US works against you. A weakening of the $A works in your favour.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "8. Synthetic ETFs involve counterparty risk. ",
      "feedback" : "If a commodity ETF uses a synthetic structure, there is the risk that the counterparty to the swap agreement will not meet its obligations to the fund.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "9. Do ASX rules stipulate a maximum percentage of the NAV that counterparties can owe an ETF?",
      "feedback" : "Under ASX rules, counterparties can owe an ETF no more than 10% of the fund's net asset value (NAV).",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Yes"
        },
        {
          "optionId" : 2,
         "optionText" : "No"
        }]
    },{
     "question" : "10. There are no restrictions on which counterparties an ETF can enter into a swap agreement with.",
      "feedback" : "There are restrictions on which counterparties ETFs can enter into derivatives contracts with. Australian banks and certain authorised foreign banks are eligible.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
   
  ];