Chap 1:OVERVIEW OF FINANCIAL MARKET

Câu 1: Aftermarket is another name of

• A. The securities market

• B. The debt market

• C. The secondary market

• D. The primary market

Câu 2: Which of the following is NOT a possible disadvantage of direct financing?

• A. Cost of preparing legal contracts, taxation, and accounting advice

• B. Cost of the financial intermediary involved

• C. Matching amounts of funds to be borrowed with those to be lent

• D. Assessment of the risk of the borrower

Câu 3: ...has more cash income flow than expenditure on consumption in a period of

time?

• A. Commercial bank

• B. Saver

• C. Investor

• D. Borrower

Câu 4: Which channel is considered as the flow of fund without intermediaries?

• A. Direct financing

• B. Indirect financing

• C. Centralized financing

• D. Commercial bank

Câu 5: In financial markets, financial instruments with maturity less than one year is

classified as

• A. Long-term instruments

• B. Intermediate term instruments

• C. Capital term instruments

• D. Short-term instruments

Câu 6: Which of the following role is NOT belonged to financial market?

• A. Risk sharing and dispersion

• B. Improve the efficiency of using financial resources

• C. Distribute at a large scale to the growth of national GDP

• D. Tool for macroeconomic stabilization and risk reduction

Câu 7: Through financial market, government and central bank can stabilize and

regulate currency circulation, which help them...

• A. Stabilize the exchange rate

• B. All of the above

• C. Control inflation

• D. Offset budget deficit

Câu 8: Type of financial securities that mature in less than a year are classified as

• A. Discounted securities

• B. Money market securities

• C. Medium-term securities

• D. Capital market securities

Câu 9: Which asset below are financial assets?

• A. Physical assets

• B. Real assets

• C. Tangible assets

• D. Securities

Câu 10: Type of financial securities in which loans are secured by borrower’s property

is classified as

• A. Mortgages

• B. Corporate bonds

• C. U.s treasury bonds

• D. Municipal bonds