What is called that debt obligation backed strictly by the borrower’s integrity ?
A. Debenture
B. Securities
C. Credit rating
D. None of them
What is called that market in which supply overwhelms demand ?
A. Deflated market
B. Depressed market
C. Bearish market
D. Weak market
Portion of a company’s profit paid to common and preferred shareholders is called ?
A. Gross Profit
B. Profit share
C. Dividend
D. Right share
A tax on imports exports, or consumption goods is called ?
A. Drawback
B. Duty
C. Custom
D. Excise
What is called that company which make loans to individuals, while not receiving deposits like a bank ?
A. Cooperative company
B. Finance corporation
C. Limited company
D. Finance company
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
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
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
Which money is called Hot money ?
A. That moves across country borders
B. That moves away when the interest rate differential
C. Both of them
D. None of them
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
