data = [
    {
     "question" : "1. A request to the borrower to provide more security for an investment loan for investing in shares is called a ...?",
      "feedback" : "A margin call is made when the lender makes a request for more security. This usually occurs when the value of the investment falls. Different margin lending structures can provide varying 'buffers' against a margin call.",
      "correctAnswer" : "2",
       "answers": [{
         "optionId" : 1,
         "optionText" : "Margin loan"
        },
        {
          "optionId" : 2,
         "optionText" : "Margin call"
        },
        {
         "optionId" : 3,
         "optionText" : "Call option"
        },
        {
          "optionId" : 4,
         "optionText" : "Call warrant"
        }]
    },
    {
     "question" : "2. Most lenders allow the margin of an investment loan for investing in shares to fluctuate adversely by up to ",
      "feedback" : "Most lenders allow the margin to drop 5% below the value of the investment. When it falls below that level, a margin call is made, and the investor must either provide additional securities, cash or sell some of the relevant shares.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "5%"
        },
        {
          "optionId" : 2,
         "optionText" : "10%"
        },
        {
         "optionId" : 3,
         "optionText" : "12%"
        },
        {
          "optionId" : 4,
         "optionText" : "15%"
        }]
    },
    {
     "question" : "3. For the following question, assume that the lender loans 35% of the total investment capital. Starting with an investment of $200,000, if the value drops by 30%, a margin call will be issued for what amount?",
      "feedback" : "Total investment is $200,000. Lender provides 35% of this amount which is $70,000 Then the investment falls by 30% Total investment is now $140,000 Loan amount is still $70,000, this is now 50% of the total investment Investor needs to provide more cash to reduce this loan amount down to 35% of the total investment 35% of $140,000 is $49,000 so investor must provide $21,000 to reduce the $70,000 loan down to $49,000.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "$14,000"
        },
        {
          "optionId" : 2,
         "optionText" : "$21,000"
        },
        {
         "optionId" : 3,
         "optionText" : "$49,000"
        },
        {
          "optionId" : 4,
         "optionText" : "$70,000"
        }]
    },
    {
     "question" : "4. If an investment is positively geared, the amount of income generated by the investment is ___________ the interest payment on the monies borrowed to purchase the investment.",
      "feedback" : "Negative gearing occurs when the amount of income is less than the interest payment on the monies borrowed. So a positively geared investment is one where the income being generated is greater than the borrowing cost.",
      "correctAnswer" : "4",
      "answers": [{
         "optionId" : 1,
         "optionText" : "dependant on"
        },
        {
          "optionId" : 2,
         "optionText" : "equal to"
        },
        {
         "optionId" : 3,
         "optionText" : "less than"
        },
        {
          "optionId" : 4,
         "optionText" : "more than"
        }]
    },{
     "question" : "5. If a margin call is not met, the lender can sell the underlying shares without notifying the borrower.",
      "feedback" : "Borrowers generally have 24 hours to meet a margin call. They can meet a margin call by depositing further shares, selling part of the portfolio or paying cash to reduce the loan. Failure to meet the margin call may constitute a loan default, where the amount owed becomes immediately payable. Once a loan default occurs, a lender can sell the shares without notifying the borrower.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "6. The Reserve Bank of Australia (RBA) is a Federal Government Department responsible for Economic Policy in Australia.",
      "feedback" : "The Reserve Bank of Australia's (RBA) main responsibility is monetary policy. Policy decisions are made by the Reserve Bank Board, with the objective of achieving low and stable inflation over the medium term. Other major roles are maintaining financial system stability and promoting the safety and efficiency of the payments system. The Bank is an active participant in financial markets, manages Australia's foreign reserves, issues Australian currency notes and serves as banker to the Australian Government. While the Bank and the government work closely, the RBA makes its decisions on monetary policy independently.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "7.  Why would an investor consider diversifying their portfolio across a number of asset classes such as, cash, property, Australian and international shares?",
      "feedback" : "Investors have choice between the various asset classes on where to place their funds. During your investment time frame, each asset class will experience different levels of return, sometimes positive and sometimes negative. In order to balance these positive and negative periods, investors can spread their investments between different asset classes.",
      "correctAnswer" : "3",
       "answers": [{
         "optionId" : 1,
         "optionText" : "To prove their ability to understand the complex world of making money"
        },
        {
          "optionId" : 2,
         "optionText" : "In order to reduce their overall potential return"
        },
        {
         "optionId" : 3,
         "optionText" : "To aim to smooth out potential volatility in returns"
        },
        {
          "optionId" : 4,
         "optionText" : "Because variety is the spice of life"
        }]
    },{
     "question" : "8. When researching the factors that can impact a company's performance, which of the following would be categorised as internal influences?",
      "feedback" : "When analysing the outlook for a company's share price it is necessary to consider a wide range of factors that will impact on the company's current and future earnings. Some of these factors are 'internal' to the company in the sense that they are directly subject to the company's control. Examples include management capability, marketing strategies and new product development.",
      "correctAnswer" : "4",
       "answers": [{
         "optionId" : 1,
         "optionText" : "Legislation changes, competition regulation"
        },
        {
          "optionId" : 2,
         "optionText" : " Commodity prices, investor sentiment"
        },
        {
         "optionId" : 3,
         "optionText" : "Legislation changes, competition regulation"
        },
        {
          "optionId" : 4,
         "optionText" : "New product development, management capability, marketing strategies"
        }]
    },
    {
     "question" : "9. It is possible to invest in shares both directly in your own name, using the services of a stockbroker, or indirectly. An example of an indirect sharemarket invest may include...",
      "feedback" : "Investments in the sharemarket can be made indirectly by buying units in a managed fund.  Typically, managed funds have the following features; (a) investors pool their money to purchase assets collectively, (b) funds are invested, managed and administered by a promoter/manager, (c) investors delegate the investment decisions and day-to-day management of their funds to the manager, (d) investors collectively share in the risks associated with the investments of those funds. Most Australians are already indirect investors in the sharemarket through occupational superannuation and retirement funds, most of which invest a substantial proportion of their funds in shares. ",
      "correctAnswer" : "4",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Australian equity managed fund"
        },
        {
          "optionId" : 2,
         "optionText" : "Superannuation fund"
        },
        {
          "optionId" : 3,
         "optionText" : "International share managed fund"
        },
        {
          "optionId" : 4,
         "optionText" : "All of the above"
        }]
    },{
     "question" : "10. If an Australian company generates most of its profits by exporting commodities overseas, what impact would an increase in the value of Australian dollar have on their profitability",
      "feedback" : "Considering the broader economy can be important when assessing a company's profitability. For example, changes in the Australian dollar exchange rate can impact different companies in different ways. For exporters, the general rule is the lower the Australian dollar the cheaper their exports are to overseas customers which can be a positive thing. However an Australian dollar that is too low means that the cost of imports can increase which can feed into input costs for manufacturers which can be a negative thing. It is also possible for these increased import costs to be passed on to consumers which can feed into inflationary pressure in the economy.",
      "correctAnswer" : "2",
       "answers": [{
         "optionId" : 1,
         "optionText" : "Increase"
        },
        {
          "optionId" : 2,
         "optionText" : "Decrease"
        },
        {
         "optionId" : 3,
         "optionText" : "Remain neutral"
        },
        {
          "optionId" : 4,
         "optionText" : "Rise in proportion to the rise the Australian dollar"
        }]
    }
  ];