This quiz works best with JavaScript enabled. Home > Finance > Markets > Financial Markets – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Financial Markets Quiz 7 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Banks bring together ..... A) Savers and spenders. B) Savers and borrowers. C) Dealers and druggies. D) Cheeseburgers and fries. Show Answer Correct Answer: B) Savers and borrowers. 2. He didn't believe in storing cash under his mattress but he was storing silver specie. He knew the value would always be there. A) Representative Money. B) Commodity Money. C) Fiat Money. D) Specie. Show Answer Correct Answer: D) Specie. 3. It is an instrument of short-term borrowing by the Government of India maturing in less than one year. A) Commercial bill. B) Treasury bill. C) Call money. D) None of the above. Show Answer Correct Answer: B) Treasury bill. 4. Bank Negara regulates and supervises financial institutions to promote their safety and soundness to achieve ..... A) Financial stability. B) Monetary stability. C) Financial integrity. D) Currency operations. Show Answer Correct Answer: A) Financial stability. 5. Money market is use for ..... purpose A) Short Term. B) Long Term. C) Security. D) Stock. Show Answer Correct Answer: A) Short Term. 6. WHICH OF THE FOLLOWING IS NOT A PART OF INDIAN FINANCIAL SYSTEM A) Banks. B) Non Banks. C) WTO. D) Agriculture development Institutions. Show Answer Correct Answer: C) WTO. 7. All the following are types of non-bank financial intermediaries except ..... A) Discount Houses. B) Cagamas Berhad. C) Provident and Pension Funds. D) Development Finance Institutions. Show Answer Correct Answer: A) Discount Houses. 8. Secondary Market deals in: A) New securities with maturity period less than oneyear. B) New securities with maturity period more than one year. C) Existing securities with maturity period less thanone year. D) Existing securities with maturity period more thanone year. Show Answer Correct Answer: D) Existing securities with maturity period more thanone year. 9. One of the below is not a function of a clearing corporation. Which one is that? A) Clearing and Settlement. B) Netting. C) Trade Cancels. D) Trade Matching. Show Answer Correct Answer: C) Trade Cancels. 10. A short term debt obligation backed by govt.with a maturity of less than 1 year. A) Treasury Bill. B) Bills of Payment. C) Certificate of Savings. D) Certificate of Ownership. Show Answer Correct Answer: A) Treasury Bill. 11. Date when the Securities and Exchange Commission (SEC) granted the PSE a "Self-Regulatory Organization" (SRO) status A) June 1989. B) June 1998. C) July 1998. D) July 1989. Show Answer Correct Answer: B) June 1998. 12. A person who buys or sells equities for his or her clients is a ..... A) Insurance agent. B) Financial advisor. C) Accountant. D) Stockbroker. Show Answer Correct Answer: D) Stockbroker. 13. S.E.B.I WAS SET UP IN THE YEAR A) 1990. B) 1992. C) 1993. D) 1995. Show Answer Correct Answer: B) 1992. 14. You plan to borrow $ 2, 000 now and repay it in 5 equal annual installments at the end of each year. If the annual interest rate is 11%, how much will your annual payments be? A) $ 401.84. B) $ 541.14. C) $ 400.00. D) $ 444.00. Show Answer Correct Answer: B) $ 541.14. 15. This financial instrument is issued by RBI to raise funds for Central Government A) Commercial paper. B) Treasury bill. C) Call money. D) Certificate of deposit. Show Answer Correct Answer: B) Treasury bill. 16. Which of the following is not capital market instruments? A) Commercial paper. B) Stocks. C) Corporate bonds. D) Mortgage. Show Answer Correct Answer: A) Commercial paper. 17. What is an IPO? A) Initial Polling Office. B) Initial Public Offering. C) International Public Office. D) Increasing Public Opportunity. Show Answer Correct Answer: B) Initial Public Offering. 18. How can investors purchase equities? A) They can buy a 401(k) plan through a bank. B) They can buy futures in corporate bonds. C) They can buy them directly on the Internet. D) They have to use a stockbroker. Show Answer Correct Answer: C) They can buy them directly on the Internet. 19. Which of the following would not be considered a real asset? A) A corporate bond. B) A machine. C) A patent. D) A factory. Show Answer Correct Answer: A) A corporate bond. 20. Credit unions are NOT financial intermediaries A) True. B) False. C) Maybe. D) I dont know. Show Answer Correct Answer: B) False. ← PreviousNext →Related QuizzesFinance QuizzesFinancial Markets Quiz 1Financial Markets Quiz 2Financial Markets Quiz 3Financial Markets Quiz 4Financial Markets Quiz 5Financial Markets Quiz 6Financial Markets Quiz 8Financial Markets Quiz 9Financial Markets Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books