Money Market Securities Quiz Questions and Answers PDF - 77

MCQ 381: The drafts which are backed up by banks and are payable to seller of products or services are classified as

1. banker acceptance
2. secured acceptance
3. unsecured acceptance
4. economic acceptance

MCQ 382: The deposit issued by bank are usually negotiable and have specific maturity date and interest rate, hence it is classified as

1. indirect certificate
2. direct certificate
3. negotiable certificate
4. deposit certificate

MCQ 383: The denominations in which Eurobonds are issued are

1. $10000 and $20000
2. $5000 and $10000
3. $6000 and $11000
4. $8000 and $15000

MCQ 384: The repurchase agreements having maturity of longer term have denominations of

1. $40 million
2. $10 million
3. $20 million
4. $30 million

MCQ 385: The under writer spread is subtracted from gross proceeds to calculate

1. Gross proceeds
2. cumulative proceeds
3. non-cumulative proceeds
4. net proceeds