Free CSI CSC1 Exam Questions

Become CSI Certified with updated CSC1 exam questions and correct answers

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Total 102 Questions | Updated On: Mar 05, 2026

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Question 1

What is the action that the CentralBank takes to limitthe impact of increased foreign Interestrates on Interest rates in Canada?

A : Decrease interest rate to balance the risk of rising inflation.

B : Reduce Interest rales to reduce demand for borrowing.

C : increase short-term interest rates to maintain the value of currency.

D : Add a default premium to interest rates to protect lenders.

Answer: C

Question 2

A large number of well-trained, willing-to-work individuals have given up trying to find employment. All else being equal, how will the labor market indicators be affected by this event.

A : A decrease in the structural unemployment rate.

B : A decrease in the overall unemployment rate.

C : An increase in the participation rate.

D : An increase in the labour force.

Answer: B

Question 3

What is the difference between sinking funds and purchase funds concerning the redemption of bonds poor to maturity?

A : Sinking funds have mandated redemptions while purchase funds can redeem only upon certain market conditions.

B : Sinking funds can redeem bonds only if they trade below a stipulated price while purchase runes do not have such a requirement.

C : Sinking funds involve the issuer determining when bonds are redeemed while purchase funds Involve the investor determining when the bonds are redeemed.

D : Sinking funds can redeem fie bones any time while purchase funds follow a prearranged schedule.

Answer: A

Question 4

What is a characteristicof provincial savings bonds that distinguishes them from other provincial bonds?

A : Theyare backed by provincial assetspledged an security.

B : They can &e purchased only by residents of the province.

C : They can be purchased at any time of the year.

D : They do not have redemption rules.