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Question 1. Which Bloomberg function displays a real-time price chart for a selected security? A) DES B) GP C) HP D) FA Answer: B Explanation: The GP (Graph Price) function opens an interactive price chart with real-time updates, while DES shows description, HP historical price table, and FA financial analysis. Question 2. What does the Bloomberg “Color Key” labelled “Yellow” typically represent on the keyboard? A) Market data refresh B) Navigation to the next screen C) Immediate execution of a trade D) Access to the help desk (HLP) Answer: D Explanation: The Yellow key on Bloomberg keyboards is the shortcut for HLP (Help Desk), allowing users to quickly request assistance. Question 3. Which command retrieves the most recent Bloomberg news headline for ticker IBM US? A) N B) CN C) NI IBM D) NH IBM
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Answer: C Explanation: NI (News Index) followed by the ticker pulls the latest news stories for that security; “NI IBM ” displays IBM’s recent headlines. Question 4. To export historical daily closing prices for EURUSD over the last year into Excel, which Bloomberg formula is used? A) BDP("EURUSD Curncy","PX_LAST") B) BDH("EURUSD Curncy","PX_LAST",START,END) C) BDP("EURUSD Curncy","PX_OPEN") D) BDH("EURUSD Curncy","PX_VOLUME",START,END) Answer: B Explanation: BDH (Bloomberg Data History) returns a time series of historical data; specifying “PX_LAST” and a date range provides daily closing prices. Question 5. Which Bloomberg function creates a customizable workspace with multiple monitors? A) LAUNCHPAD B) MON C) W D) MY Answer: A Explanation: Launchpad allows users to design and save personalized workspaces composed of various monitors and widgets. Question 6. **In Bloomberg, what does the function “MSG” primarily provide? ** A) Access to market statistics B) Messaging and instant communication with other Bloomberg users
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B) ECST
C) ECPC
D) ECGR
Answer: D Explanation: ECGR (Economic Calendar – GDP) displays the consumption, investment, and net export components for GDP releases. Question 10. What does the Bloomberg acronym “PCE” stand for? A) Producer Cost Estimate B) Personal Consumption Expenditures C) Primary Commodity Exchange D) Price Change Index Answer: B Explanation: PCE is the Personal Consumption Expenditures price index, a key inflation metric monitored by the Fed. Question 11. Which Bloomberg function shows the latest U.S. non-farm payroll numbers? A) NFP B) EMP C) PAY D) UNEMP Answer: A Explanation: NFP (Non-Farm Payroll) provides the most recent employment change data for the United States. Question 12. The Bloomberg function “FOMC” is used to:
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A) View Federal Reserve meeting minutes and statements B) Trade futures contracts C) Analyze foreign exchange spot rates D) Generate a bond yield curve Answer: A Explanation: FOMC displays the Federal Open Market Committee’s schedule, statements, and minutes. Question 13. Which Bloomberg code retrieves the current 3-month LIBOR rate? A) LIBR3M Index B) US0003M Index C) LIBOR3M D) L3M Answer: C Explanation: “LIBOR3M ” directly loads the 3-month London Interbank Offered Rate. Question 14. In FX, what does the Bloomberg function “WCRS” provide? A) World Currency Ranker – ranking currencies by performance B) Weekly Currency Rate Summary – historical spot rates C) Weighted Currency Risk Score – volatility measure D) World Commodity and Rate Statistics – macro data Answer: A Explanation: WCRS ranks currencies globally based on recent price changes and other performance metrics.
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Explanation: YAS (Yield and Spread Analysis) lists key bond attributes including coupon, maturity, and rating. Question 18. When the yield curve is inverted, which economic condition is most commonly implied? A) Accelerating inflation B) Recession expectations C) Strong economic growth D) High demand for long-term debt Answer: B Explanation: An inverted curve (short-term yields > long-term yields) historically precedes recessions. Question 19. The Bloomberg function “DURATION” calculates: A) Time until a bond’s next coupon payment B) Weighted average time to receive cash flows, measuring interest-rate sensitivity C) Number of days a bond has been outstanding D) The length of a bond’s call protection period Answer: B Explanation: Duration quantifies a bond’s price sensitivity to interest-rate changes by averaging cash-flow timing. Question 20. Which Bloomberg function provides real-time pricing for Treasury Inflation-Protected Securities (TIPS)? A) TIPS B) TIP C) GVT
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D) USGOV
Answer: A Explanation: TIPS displays current yields, spreads, and pricing for U.S. inflation-linked bonds. Question 21. In Bloomberg Equity screens, which function shows a company’s detailed financial statements? A) FA B) FS C) FIN D) STMT Answer: A Explanation: FA (Financial Analysis) provides income statements, balance sheets, and cash-flow statements. Question 22. Which Bloomberg function is used to compare a stock’s valuation multiples against its peers? A) RV B) PE C) COMP D) VAL Answer: A Explanation: RV (Relative Valuation) presents side-by-side multiples for a company and its comparable peers. Question 23. The Bloomberg abbreviation “EVD” refers to: A) Enterprise Value to Debt B) Expected Volatility Differential
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A) PRTU
B) PORT
C) BASK
D) PFOL
Answer: A Explanation: PRTU (Portfolio Utility) enables users to build, monitor, and analyze hypothetical portfolios. Question 27. Alpha in performance attribution measures: A) Systematic market risk exposure B) Returns generated beyond the benchmark after adjusting for beta C) Total portfolio volatility D) The proportion of assets allocated to equities Answer: B Explanation: Alpha represents excess return over the expected return given the portfolio’s beta exposure. Question 28. Which Bloomberg function calculates Value at Risk (VaR) for a portfolio? A) VAR B) RISK C) RAR D) VARR Answer: A Explanation: VAR provides VaR calculations based on historical simulation, parametric, or Monte-Carlo methods.
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Question 29. Backtesting a trading strategy in Bloomberg is performed using: A) BTST B) BTH C) HSTR D) STRAT Answer: A Explanation: BTST (Back-Test) runs a strategy against historical data to evaluate performance. Question 30. Which Bloomberg function displays the forward curve for crude oil? A) CMQ B) OIL C) FWD D) CRUDE Answer: A Explanation: CMQ (Commodity Monitor) includes forward curves for energy commodities like crude oil. Question 31. In options terminology, a “call” gives the holder the right to: A) Sell the underlying asset at a predetermined price B) Buy the underlying asset at a predetermined price C) Trade the option without exercising D) Receive a dividend in cash Answer: B Explanation: A call option grants the right, but not the obligation, to purchase the underlying security at the strike price.
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Explanation: G (Chart Studio) offers a full suite of technical analysis tools, including indicators and drawing objects. Question 35. The Bollinger Bands indicator consists of: A) A simple moving average plus two standard-deviation lines above and below B) Two exponential moving averages and a momentum line C) A relative strength index and a moving average D) A single moving average with a volatility envelope Answer: A Explanation: Bollinger Bands plot a 20-day SMA with upper and lower bands set two standard deviations away. Question 36. Which Bloomberg function shows the order book depth for a listed equity? A) OB B) LOB C) DEPTH D) BOOK Answer: B Explanation: LOB (Level-2 Order Book) displays bid/ask depth and size for a security. Question 37. In Bloomberg, the function “DES” provides: A) Detailed security description, including identifiers and sector classification B) Daily earnings summary C) Dividend estimate schedule D) Decile ranking of performance
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Answer: A Explanation: DES (Description) shows the security’s name, ticker, ISIN, CUSIP, sector, and other descriptive data. Question 38. Which Bloomberg field shows a bond’s accrued interest as of today? A) ACCRUED B) AI C) ACCR D) YLD Answer: B Explanation: AI (Accrued Interest) reports the amount of interest that has accumulated since the last coupon payment. Question 39. The Bloomberg function “HP” is used to: A) Retrieve historical price tables for a security B) Access high-precision analytics for derivatives C) View the holdings of a mutual fund D) Generate a heat map of market sectors Answer: A Explanation: HP (Historical Prices) displays a table of past price data, including open, high, low, close, and volume. Question 40. When using the Bloomberg Excel Add-in, which command pulls the latest market price for a ticker? A) =BDP("AAPL US Equity","PX_LAST") B) =BDH("AAPL US Equity","PX_LAST") C) =BDS("AAPL US Equity","PX_LAST")
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B) FXF
C) FWD
D) FOR
Answer: C Explanation: FWD provides forward exchange rates and points for major currency pairs. Question 44. When reviewing a sovereign bond, the “Spread to Benchmark” is most commonly expressed relative to: A) The 10-year U.S. Treasury B) The issuing country’s own short-term rate C) The LIBOR curve D) The Eurozone corporate bond index Answer: A Explanation: Sovereign spreads are usually quoted over the risk-free benchmark of comparable maturity, typically the U.S. Treasury. Question 45. Which Bloomberg function gives a quick view of the latest “Fed Speak” statements? A) FOMC → “Speeches” tab B) FED C) SPEECH D) TALK Answer: A Explanation: Within the FOMC screen, the “Speeches” tab aggregates recent remarks by Fed officials.
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Question 46. In Bloomberg, the function “ECO” can be filtered to show releases only for which country? A) Using the “Country” drop-down menu on the ECO screen B) By typing “ECO US ” C) By selecting “Region” → “North America” D) Both A and B are correct Answer: D Explanation: ECO allows country-specific filtering via the interface and also accepts a country code shortcut (e.g., “ECO US ”). Question 47. Which Bloomberg function provides a heat map of sector performance? A) HMAP B) SECT C) HPM D) HMAP (Heat Map) Answer: D Explanation: HMAP displays a color-coded heat map of sectors, regions, or indices, indicating relative performance. Question 48. A bond’s “convexity” measures: A) The curvature of the price-yield relationship, indicating how duration changes with yield B) The linear relationship between price and yield C) The time until the next coupon payment D) The amount of credit spread over Treasuries Answer: A
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D) TICK
Answer: D Explanation: TICK provides a real-time tape of trades, quotes, and order flow for any security, including futures. Question 52. In Bloomberg, the “CPI YoY” data field is accessed via which code? A) CPI YOY Index B) CPI YOY C) CPI YOY Index D) CPI YOY Index (requires ticker) Answer: D Explanation: Bloomberg stores CPI YoY as an index; you select the appropriate CPI series (e.g., “CPI YOY Index ”) to view the data. Question 53. Which Bloomberg function helps you monitor a list of securities for price breaches? A) ALERT B) MON C) WATCH D) BLP Answer: A Explanation: ALERT lets users set price, news, or indicator triggers for a watchlist of securities. Question 54. The Bloomberg “BTV” function is used for: A) Viewing bond trade volume and market depth B) Back-testing valuation models
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C) Building a custom technical view chart D) Accessing Bloomberg Terminal videos Answer: A Explanation: BTV (Bond Trade Viewer) shows recent bond trades, volumes, and market activity. Question 55. Which Bloomberg function retrieves the latest earnings estimate consensus for a ticker? A) EE B) EST C) EPS D) CONS Answer: A Explanation: EE (Earnings Estimates) displays consensus EPS forecasts, revisions, and analyst coverage. Question 56. When analyzing a company’s cash flow statement in Bloomberg, which tab shows “Free Cash Flow”? A) CASH → “Cash Flow” tab B) FA → “Cash Flow” section C) CF → “Free Cash” line item D) Both A and B provide the same data Answer: D Explanation: Both the CASH screen and the FA (Financial Analysis) module include a cash-flow tab where free cash flow is listed. Question 57. Which Bloomberg function displays the “World Economic Outlook” macro forecasts?
