Financial Markets Practice Test 69

Commercial Paper Quiz Questions and Answers PDF - 69

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Commercial Paper Questions and Answers PDF Download: Quiz 69

MCQ 341: The financial instrument which is used to raise funds for working capital is considered as

A) commercial paper

B) commercial notes

C) notes payable

D) notes receivable

MCQ 342: The foreign bonds issued in United States financial institutions are classified as

A) bull dog bonds

B) bull cat bonds

C) Yankee bonds

D) samurai bonds

MCQ 343: The type of contract which involves the exchange of assets that will occur in future at the price settled daily, is classified as

A) spot contract

B) forward contract

C) future contracts

D) present contract

MCQ 344: The bankers acceptance which is usually time draft is fully backed by

A) commercial banks

B) Swiss banks

C) agriculture banks

D) functional banks

MCQ 345: The retail certificate of deposits which are not traded have face value of

A) 250000

B) 100000

C) 150000

D) 200000

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