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  • Exam Code: C1
  • Exam Name: Regulatory Environments for Compensation Programs

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Section C (4 Mark)
Suppose Gaurav, an investor, is looking to add to his portfolio and hears about a potential investment through a friend, Hitesh, at a local coffee shop. The conversation goes something like this:
GAURAV: Hi, Hitesh. My portfolio is really suffering right now. I could use a good long-term investment.
Any ideas?
HITESH: Well, Gaurav, did you hear about the new IPO [initial public offering] pharmaceutical company called Pharma Growth (PG) that came out last week? PG is a hot new company that should be a great investment. Its president and CEO was a mover and shaker at an Internet company that did great during the tech boom, and she has Pharma Growth growing by leaps and bounds.
GAURAV: No, I didn't hear about it. Tell me more.
HITESH: Well, the company markets a generic drug sold over the Internet for people with a stomach condition that millions of people have. PG offers online advice on digestion and stomach health, and several Wall Street firms have issued "buy" ratings on the stock.
GAURAV: Wow, sounds like a great investment!
HITESH: Well, I bought some. I think it could do great.
GAURAV: I'll buy some, too.
Gaurav proceeds to pull out his cell phone, call his broker, and place an order for 100 shares of PG.
Which of the following biases have been exhibited by Gaurav?
A. Base Rate Neglect Bias
B. Framing bias
C. Loss Aversion bias
D. Representative bias
Answer: A

What is the role of the "External data store Adapter" in the Federation process?
A. To store all the connection parameters to the other data source
B. To extend the UCMD model for the new CI types
C. To build the topology map for viewing in the application
D. To reconcile the CI types between the to data sources
Answer: D

Which of the following are common uses of the mongo shell? Check all that apply
A. Perform administrative tasks
B. Perform queries against MongoDB collections
C. Use as a JavaScript framework for your production system
Answer: A,B


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