Cyprus Securities And Exchange Commission Quiz

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| By Lynn Bradley

Lynn Bradley

Community Contributor

Quizzes Created: 319 | Total Attempts: 539,367

| Attempts: 148

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1/10 Questions

Who owns CySEC?
- Billy Rae Cyprus
- London
- Cyprus
- America

About This Quiz

Cyprus Securities and Exchange Commission quiz is a quiz that is based on the financial institution in Cyprus that takes care of the binary options of people. It is very important in a country, and that's why it cannot be ignored as a quiz. Take a quiz on how much you know about the Cyprus Securities and Exchange Commission.

Cyprus Securities And Exchange Commission Quiz - Quiz

2.

What's the abbreviation of the Cyprus Securities and Exchange Commission?
- CSE
- CySEC
- CSEC
- CEC
Correct Answer

A. CySEC

Explanation

CySEC is the correct abbreviation for the Cyprus Securities and Exchange Commission. This abbreviation stands for the regulatory body responsible for overseeing and regulating the financial markets in Cyprus. It ensures the integrity and transparency of the securities market, promotes investor protection, and maintains the stability of the financial system in Cyprus.

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3.

Which country was it formed?
- Cyprus
- Australia
- UK
- USA
Correct Answer

A. Cyprus

Explanation

Cyprus is the correct answer as it is a country that was formed through a process of independence from British colonial rule. It gained independence in 1960 and became a sovereign nation. Cyprus is an island country located in the Eastern Mediterranean and is known for its rich history and cultural diversity.

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4.

What type of institution is CySec?
- Charity
- Financial institution
- Developmental institution
- Education
Correct Answer

A. Financial institution

Explanation

CySec is a financial institution. This can be inferred from the fact that the options provided include charity, developmental institution, and education, which are not typically classified as financial institutions.

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5.

When was it formed?
- 2000
- 1998
- 2001
- 2005
Correct Answer

A. 2001

Explanation

The correct answer is 2001. This suggests that the entity in question was formed in the year 2001.

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6.

When did Cyprus become a member of EU?
- 2002
- 2004
- 2006
- 2008
Correct Answer

A. 2004

Explanation

Cyprus became a member of the EU in 2004. This can be confirmed by the answer provided.

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7.

What does CySec do?
- To finance
- To help financially
- To control Cyprus Stick exchange
- To expand market
Correct Answer

A. To control Cyprus Stick exchange

Explanation

CySec, short for Cyprus Securities and Exchange Commission, is responsible for regulating and supervising the Cyprus Stock Exchange. Their main role is to ensure the fair and transparent operation of the stock exchange, protect investors' interests, and maintain the integrity of the financial markets in Cyprus. By controlling the Cyprus Stock Exchange, CySec aims to create a stable and secure environment for investors and promote the growth and development of the market.

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8.

When did CySec announce a policy change?
- 2012
- 2015
- 2016
- 2018
Correct Answer

A. 2012

Explanation

CySec announced a policy change in 2012.

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9.

What was the purpose of CySec?
- To boast market
- To regulate binary options
- To aid work
- To give financial assistance
Correct Answer

A. To regulate binary options

Explanation

CySec, also known as the Cyprus Securities and Exchange Commission, was established to regulate binary options. Binary options are a type of financial instrument where traders can speculate on the price movement of various assets. By regulating binary options, CySec aims to ensure fair and transparent trading practices, protect investors, and maintain the integrity of the financial markets.

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10.

How many people are in the Adminstration board?
- 8 members
- 5 members
- 6 members
- 10 members
Correct Answer

A. 5 members

Explanation

The correct answer is 5 members. This means that there are 5 people in the Administration board.

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