FIN 6107 Finance within the Macro-economy, Spring 2025
Homework (Due 26 April 2025 before 5pm)
Part A: Multiple choice questions. (1 points each)
1. The Global Financial centres Index (GFCI) is an evaluation indexof the competitiveness of cities in global fnancial centers, published biannually by the British think tank z/yen. which of the following is not a criterion of compiling the GFCI?
a) size and nature of the domestic market
b) political regime
c)Tax environment
d) Technology and infrastructure
2 The southbound under mutual bond market access between Mainland china and Hongkong ("southbound") was officially launched on
a) 24september 2020
b) 24 september 2021
c) 24september 2022
d) 24 september 2023
3. The Dalian commodity Exchange is anon-proft, self-regulating and membership legal entity established on
a) February28, 1993
b)August 28, 1995
c) February 28, 1997
d)August 28, 1999
4. which of the following is not part of the amalgamation for the shanghai Futures Exchange?
a) shanghai Metal Exchange
b) shanghai Foods tufs commodity Exchange
c) shanghai commodity Exchange
d) shanghai Money Exchange
5. In Islamic fnance, Ghara ry generally refers to
a) Lack of Transparency
b) Selling what you do not have
c) Unspecified Price and date
d)All of the above
6. which country has a bigger e-commerce market in 2023?
a). singapore
b). Japan
c). china
d). canada
7. The frst dim sum bond was issued by the china Development Bank in
a). 1997 b).2000 c). 2007 d). 2017
8. The circuit breakers enacted by the chinese government on Jan. 4, 2016, states that a halt in trading for the rest of the trading day will be triggered if the csI index drops by
a) 5%
b) 7%
c) 10%
d) 20%
9. on 5th March 2024,china’s premier Li Qiang delivered his frst government work report at the National people’s congress (NPC), which of the following has been mentioned?
a)china aims to grow its GDp byaround 5per cent" in 2024.
b) keeping the urban unemployment rate at 5.5percent and infation at 3percent.
c) An increase in defence spending by7.2% in2024.
d) All of the above.
10. which of the following countries is not a member of BR ICS?
a) Egypt
b) united Arab Emirates
c) Ethiopia
d) Iraq
11. In2023, the GDp per capita in china at current price in us dollar was approximately equal to:
a). $2,100 b). $12,000 c).22,100 d). $32,100
12. The Government Debt to GDP Of china in 2023 was
a) 236.8%
b) 156.8%
c) 366.8%
d) 83.6%
13. In 2024 third quarter, the annual rate of output growth of china was
a). -5.7% b). 2.9% c). 14.3% d). 4.6%
14. china’s foreign exchange reserve s in 2024 september is around
a) 1.316 trillion USD
b) 2.316 trillion USD
c) 3.316trillion USD
d) 4.316 trillion USD
15. which of the following is not a target for the 12th Five-year plan (2011-2015) on the Environment?
a) Reducing pollutant emissions;
b) Improving drinking water sources and quality;
c) controlling pollution caused by hazardous chemicals and dangerous wastes;
d) Build more nuclear power plants
16. In March2016, the Thirteenth Five-year plan for Economic and social Development of the people’S Republic of china passed by the National people’s congress clearly proposed
a) establishing a green financial system,
b) developing green credit and green bonds
c) establishing a green development fund.
d) All of the above
17. which city of the Greater Bay Area does not have underground subway trains in 2023?
a) shenzhen
b) Hong kong
c) Dong guan
d) zhao qing
18. which of the following is not the Belt and Road project
a) The china-pakistan corridor
b) port in Gwa dar in pakistan
c) port projects in sri Lanka the Ham ban tota
d) The wall between Mexico and the u.s.
19. As of March, 2025, the ranking of Hong kong in the Global Financial centres Index is
a). 1 b).3 c). 4 d). none of the above
20. The Hong kong Monetary Authority (HK MA) and the Bank of Thailand (BOT) launched Fps x prompt pay, i.e. across-border QR payment linkage between Hong kong and Thailand, on
a) 4 December 2023
b) 4 December 2019
c) 4December 2015
d) 4 December 2000
21. How many licensed virtual banks there are in Hong kong as of september 2024? a) 2
b) 4
c) 8
d) 18
22. The 2024APEc meeting was held in
a). peru b). Japan c). Indonesia d). India.
23. As of2024 April, The organisation of Islamic cooperation (OIC) has how many member states?
a) 17
b) 37
c) 57
d) 77
24. Islamic fnancial products do not include
a) contract of exchange
b)contract of participation
c) contract of agency.
d)contract of interest payment
25. The united Arab Emirates dirham is pegged toth e us dollar at the exchange rate of around 1 USD =
a) 1.00 AED
b) 3.67 AED
c) 20.80AED
d) 30.15 AED