Online Series-7 Questions Video

Series 7 General Securities Representative Qualification Examination (GS) Questions and Answers

Question 49

In a 401(k) plan, when are employee’s contributions of compensation deferral vested?

after 2 years

immediately

after 5 years

the same as the employer’s contributions

Question 50

Assuming that the information contained in a registration statement is complete and accurate, the registration statement becomes effective:

10 days after receipt by the SEC

20 days after receipt by the SEC

30 days after receipt by the SEC

only after the SEC specifically clears the issue in writing to the principal underwriter

Question 51

A typical money market instrument carries which of the following?

serial bond maturity date

long-term maturity date

medium-term maturity date

short-term maturity date

Question 52

When pricing callable municipal bonds, the “price to call” is based upon which of the following?

in-whole calls

partial calls

sinking fund calls

catastrophe calls