Level 3 assessment: Advanced

10 questions · Covers lessons 25 to 33 · Updated 1 November 2026

Ten questions drawn from lessons 25 to 33. There is no time limit and no record is kept beyond this page.

Question 1 of 10

What does a fund's unit price mainly reflect?

Question 2 of 10

What can diversification NOT do?

Question 3 of 10

How is a treasury bill sold?

Question 4 of 10

If market interest rates rise, the price of an existing bond usually:

Question 5 of 10

How are shares on the Trinidad and Tobago Stock Exchange bought?

Question 6 of 10

What period does a balance sheet cover?

Question 7 of 10

Why does a 1 per cent annual fee cost far more than 1 per cent over thirty years?

Question 8 of 10

How is the TT dollar exchange rate arrangement described?

Question 9 of 10

Whose payment is least affected when the repo rate changes?

Question 10 of 10

Which grant is applied for when someone dies without a will?

Not financial advice. These questions test understanding of the lessons and are general education only. See our editorial policy and disclaimer.