data = [
    {
     "question" : "1. An ETF offers you exposure to:",
      "feedback" : "ETFs enable you to invest in a broad range of shares in one trade.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "A broad range of stocks"
        },
        {
          "optionId" : 2,
         "optionText" : "A single stock"
        }]
    },
    {
     "question" : "2. An ETF is a 'big picture' approach to investing.",
      "feedback" : "ETFs are 'big picture' investments. They allow you to take a view on 'the market', rather than on particular shares.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },
    {
     "question" : "3. Can you buy and sell ETFs direct from the issuer?",
      "feedback" : "Like shares, you buy and sell ETFs on ASX through your stockbroker.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "YES"
        },
        {
          "optionId" : 2,
         "optionText" : "NO"
        }]
    },
    {
     "question" : "4. ETFs can give you exposure to both Australian and overseas sharemarkets.",
      "feedback" : "ETFs offer exposure to a range of markets and assets, both domestic and international.",
      "correctAnswer" : "1",
     "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "5. How does an ETF's price track movements in the underlying index?",
      "feedback" : " Percentage movements in the index are mirrored by percentage changes in the ETF's price.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "The dollar change in the ETF's price corresponds to the points change in the index"
        },
        {
          "optionId" : 2,
         "optionText" : " The percentage change in the ETF's price corresponds to the percentage change in the index"
        }]
    },{
     "question" : "6. Can ETFs offer both income and capital growth?",
      "feedback" : "You may receive regular distributions, typically either quarterly or half-yearly. There is also the potential for capital growth.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "YES"
        },
        {
          "optionId" : 2,
         "optionText" : "NO"
        }]
    },
    {
     "question" : "7. ETFs often trade at a large premium or discount to their net asset value (NAV).",
      "feedback" : "ETFs are structured so that the price of the ETF should be at or very close to the net asset value (NAV)",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    },{
     "question" : "8. How are ETFs managed?",
      "feedback" : "ETFs are index funds, so are 'passively' managed. The securities the ETF holds are determined solely by the composition of the relevant index.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Actively"
        },
        {
          "optionId" : 2,
         "optionText" : "Passively"
        }]
    },
    {
     "question" : "9. How do you buy and sell ETFs?",
      "feedback" : "ETFs are traded on market. You buy and sell through your stockbroker, the same way you buy and sell ordinary shares.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "On market, like ordinary shares"
        },
        {
          "optionId" : 2,
         "optionText" : "Off-market transfer to/from another investor"
        },
        {
          "optionId" : 3,
         "optionText" : "Direct from the issuer"
        }]
    },{
     "question" : "10. How much do you pay to buy an ETF?",
      "feedback" : "You pay the market price at the time of purchase.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Last traded price on the day you wish to buy"
        },
        {
          "optionId" : 2,
         "optionText" : "Current market price"
        },
        {
          "optionId" : 3,
         "optionText" : " The issuer sets the price"
        }]
    },
    {
     "question" : "11. How often are prices updated for your ETF?",
      "feedback" : "Live prices for your ETF are available throughout the trading day. You can get current prices from your broker, or delayed prices from the ASX website.",
      "correctAnswer" : "3",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Daily"
        },
        {
          "optionId" : 2,
         "optionText" : "Weekly"
        },
        {
          "optionId" : 3,
         "optionText" : "Live prices are available throughout the trading day"
        }]
    },
    {
     "question" : "12. Which risk of investing in ETFs does the chart opposite depict?",
      "feedback" : "Market risk is the risk of the market (and therefore the index that covers the market) falling in value.",
      "correctAnswer" : "2",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Specific risk"
        },
        {
          "optionId" : 2,
         "optionText" : "Market risk"
        },
        {
         "optionId" : 3,
         "optionText" : "Currency risk"
        }]
    },
     {
     "question" : "13. Which of the following fund types does not involve currency risk?",
      "feedback" : "You are exposed to currency risk if you hold an international ETF or a Commodity ETF, as the underlying asset is priced in a foreign currency. The underlying assets of an Australian ETF are priced in Australian dollars, so do not expose you to currency risk.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Australian ETFs"
        },
        {
          "optionId" : 2,
         "optionText" : "International ETFs"
        },
        {
         "optionId" : 3,
         "optionText" : "Commodity ETFs"
        }]
    },
     {
     "question" : "14. Which element of a 'core plus satellite' strategy forms the majority of the portfolio and is designed to produce market returns, with low costs and fees?",
      "feedback" : "The core is designed to produce returns in line with the market, at low cost.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Core"
        },
        {
          "optionId" : 2,
         "optionText" : "Satellite"
        }]
    },
    {
     "question" : "15. An investor invests: - 70% of his funds in an ETF that tracks the S&P/ASX 200 index ; - 15% in individual stocks, and - 15% in an ETF that tracks the S&P/ASX 200 Resources index. In this strategy, what is the ETF that tracks the S&P/ASX 200 index?",
      "feedback" : "The ETF that tracks the S&P/ASX200 index produces returns in line with the broad market (core), while the individual stocks and the Resource sector ETF have been chosen to boost returns (satellites).",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "Core"
        },
        {
          "optionId" : 2,
         "optionText" : "Satellite"
        }]
    },
     {
     "question" : "16. An ETF gives you instant diversification, no matter how small your investment.",
      "feedback" : "An ETF provides exposure to all the stocks in the underlying index, giving you instant diversification, no matter how small your investment.",
      "correctAnswer" : "1",
      "answers": [{
         "optionId" : 1,
         "optionText" : "TRUE"
        },
        {
          "optionId" : 2,
         "optionText" : "FALSE"
        }]
    }
    
  ];