|
1) Which country is the chief exporter of jute ? a. Bangladesh b. India c. Both of them d. None of them
|
||||
|
2) South Africa is the chief exporter of ? a. Coffee b. Copper c. Diamond d. Gold
|
||||
|
3) USA is the chief exporter of ? a. Coal b. Copper c. Cotton d. All of these
|
||||
|
4) Which of the following is not an indirect tax ? a. Income tax b. Sales tax c. Custom duty d. Tariff
|
||||
|
5) Pick out the generic term for the securities industry firms that buy sell and underwrite securities ? a. Wall street b. NASDAQ c. Nikkei index d. Yahoo index
|
||||
|
6) What is called the difference in the value of a nation’s imports over exports or exports over imports ? a. Trade deficit b. Trade simples c. Both a & b d. Not a nor b
|
||||
|
7) What is called an additional levy added to some charge ? a. Fine b. Surcharge c. Additional Charged d. Extra charges
|
||||
|
8) Which of the following is a form of international reserve assets, created by IMF in 1967 whose value is based on a portfolio of widely used currencies ? a. Special Drawing Right (SDR) b. IMF Drawing Rights (SDR) c. International Drawing Right (IDR) d. Sure, Drawing Rights (SDR)
|
||||
|
9) Interest that is calculated as a simple percentage of the original principal amount is called ? a. Market interest b. Easy interest c. Compound interest d. Simple interest
|
||||
|
10) Bank loans are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments. What these loans are called____________? a. Rearranged loans b. Rescheduled loans c. Altered loans d. None of these
|
||||
|
11) Name the Company that is listed with the SEC after submission of a required statement and compliance with disclosure requirement ? a. Limited company b. Registered company c. Public company d. Public limited company
|
||||
|
12) what is called an evaluation of credit quality of a company’s debt issued by Moody’s S&P and Fitch investors services ? a. Credit worthiness b. Credit Worth c. Credit line d. Ratings
|
||||
|
13) Term the authorization whether written or electronic, that shareholders’ votes may be cast by others ? a. Proxy vote b. Absentia vote c. Remote vote d. Casting vote
|
||||
|
14) What is referred by the term ‘Portfolio ? a. A collection of investments, real or financial b. Net assets of a company c. Total profit of company in a year d. Total unmovable assets of a company
|
||||
|
15) P2P is business slang. What does it refer ? a. To startups or internet startup b. Path to profitability c. Both of them d. None of them
|
||||
|
16) Which market is characterized by a small number of large buyers who control all purchases and therefore the market price of a good a service ? a. Oligopoly b. Grey market c. Oligopsony d. Green market
|
||||
|
17) Where ‘Nikkei Stock average’ applies ? a. Mainly to Korean equities b. Mainly to international equities c. Mainly to Japanese equities d. Mainly to US equities
|
||||
|
18) Percentage of total industry sales that a particular company controls is called ? a. Lion’s share b. Market share c. Net share d. Holding share
|
||||
|
19) Which of the following is rate of interest the major international banks charge each other for borrowings ? a. New York Interbank Offered Rates (NIBOR) b. international Interbank Offered Rates (IOBOR) c. London Interbank Offered Rate (LIBOR) d. USA Interbank Offered Rate (UIBOR)
|
||||
|
20) What occurs when a firm’s business is terminated Assets are sold, proceeds are used to pay creditors, and any leftovers are distributed to shareholders ? a. Solvency b. Crash c. Bankruptcy d. Liquidation
|
||||
|
21) Keynesian economics is an economic theory of British economist John Maynard. What this theory states ? a. A free market is necessary for economic growth and stability b. Regulation is necessary for economic growth and stability c. Active government intervention is necessary to ensure economic growth and stability d. Government intervention is not necessary to ensure economic growth and stability
|
||||
|
22) Which form of business organization falls between a corporation and partnership ? a. joint company b. Joint stock company c. Limited joint company d. Limited Company
|
||||
|
23) Who is insolvent_______________? a. A firm that is unable to pay debts b. A firm that is liquidated c. A firm that is for sale d. A firm that has more liabilities than assets
|
||||
|
24) Which money is called Hot money ? a. That moves across country borders in response to interest rate differences b. That moves away when the interest rate differential c. Both of them d. None of them
|
||||
|
25) What is called that legal process through which a company receives a charter and state in which it is based allows it to operate as corporation ? a. Going legal b. Book corporation c. Chartered corporation d. Incorporation
|
||||
|
26) What is called the excess of purchase price over fair market value of net assets that are acquired under the purchase method of accounting ? a. Bonus b. Up level c. Goodwill d. Upgradation
|
||||
|
27) What is called when a private company first offers shares to the public market and investors ? a. Public offering b. Public floating c. going public d. Coming public
|
||||
|
28) Which exchange rate system is characterized by the absence of government intervention ? a. Free float b. Clean float c. Both of them d. None of them
|
||||
|
29) By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ? a. Foreclosure b. Default c. Bankrupt d. None of these
|
||||
|
30) Term a country’s decision to tie the value of its currency to another country’s currency gold or a basket of currencies ? a. Pagged exchanged rate b. Fixed exchange rate c. Relative exchange rate d. Knotted exchange rate
|
||||
