Finance MCQs

Page No. 4

Companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as_____________?


aDebit unions


bLife insurance companies


cCredit unions


dAuto purchases



Corporations such as Citigroup, American Express and Fidelity are classified as__________________?


aFinancial services corporations


bCommon service corporations


cPreferred service corporations


dCommercial service corporations



A regulatory body which licenses brokers and oversees traders is classified as__________?


aInternational firm of auction system


bInternational association of network dealers


cNational firm of equity dealers


dNational association of securities dealers



Mutual fund allows investors to sale out their share during any normal trading hours is classified as____________?


aExchange traded fund


bManagement expense


cMoney trade fund


dCapital trade fund


View Answer Exchange traded fund

Step in initial public offering in which hired agents act on behalf of owners is classified as______________?


aHiring problems


bAgency problems


cCorporation internal problems


dCorporation external problems


View Answer Agency problems

Federal government tax revenues if it exceeds government spending then it is classified as___________?


aBudget surplus


bBudget deficit


cFederal reserve


dFederal budget


View Answer Budget surplus

Financial security which is tax exempted and issues by state governments to individuals is classified as___________?


aU.S treasury bonds


bMortgages


cMunicipal bonds


dCorporate bonds


View Answer Municipal bonds

All partners have limited liability in_________________?


aUnlimited liability partnership


bLimited liability partnership


cControlled partnership


dUncontrolled partnership



Markets dealing with residential loans, industry real estate loans, agricultural loans and commercial loans are called___________?


aResidential markets


bMortgage markets


cAgriculture markets


dCommercial markets


View Answer Mortgage markets

Type of financial security in which loans are secured by borrowers’ property is classified as__________?


aMunicipal bonds


bCorporate bonds


cU.S treasury bonds


dMortgages


View Answer Mortgages

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