Certificate of deposits which are usually negotiable are issued by

(a)

banks

(b)

stock exchange

(c)

business corporations

(d)

financial market

Negotiable deposit certificate are traded in

(a)

primary markets

(b)

direct markets

(c)

indirect markets

(d)

secondary markets

Type of market in which securities with less than one year maturity are traded is classified as

(a)

Money market

(b)

Capital market

(c)

Global market

(d)

None of these

Maximum maturity days of holding commercial paper are

(a)

170 days

(b)

270 days

(c)

120 days

(d)

100 days

Certificate of deposits which are usually negotiable are issued by

(a)

banks

(b)

financial market

(c)

stock exchange

(d)

business corporations

Process of issuing treasury bills are classified as

(a)

Treasury trading action

(b)

Treasury bills auction

(c)

Both

(d)

None of these

Treasury bills have high liquidity because of

(a)

extensive secondary markets

(b)

extensive primary markets

(c)

premium money markets

(d)

discounted money markets

The short term financial instruments traded in money market is commonly called

(a)

Bonds

(b)

Shares

(c)

Notes

(d)

Commercial papers

Commercial paper issued with low interest rate thus commercial paper are categorized as

(a)

payable rating

(b)

commercial rating

(c)

poor credit rating

(d)

better credit ratings

Which of the following is not a characteristics of wholesale markets?

(a)

Firms deal with other firms

(b)

Lending and borrowing is coordinated through banks

(c)

Borrowing and lending is not intermediated

(d)

Very large quantities of money are at state

_____ is an instrument drawn by a seller of goods on a buyer of goods.

(a)

Treasury bill

(b)

Certificate of deposit

(c)

Commercial bill

(d)

None of these

A _____ is one wherein no specific time of payment is mentioned.

(a)

Demand bill

(b)

Documentary bill

(c)

Foreign bill

(d)

Indigeneous bill

_____ are drawn without accompanying any document.

(a)

Demand bills

(b)

Clean bills

(c)

Documentary bills

(d)

Indigenous bills

The securities are sold to the higher bidder is known as________

(a)

Barganing

(b)

Auctioning

(c)

Pricing

(d)

Demand

Commercial bills maturity days are____________

(a)

30 days

(b)

60 days

(c)

90 days

(d)

All of these