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MCQs on Financial Institutions

Total questions: 20

Worksheet time: 15mins

Name
Class
Date
1.

Compared to a bond, a debenture is:

4 lines
2.

Compared to a share, a stock:

4 lines
3.

What is the primary function of the money market?

a)

Providing long-term loans for investment

b)

Mobilizing savings for investment

c)

Providing capital for day-to-day business operations

d)

Enhancing good saving habits

4.

An entrepreneur wants to raise short-term funds. Which money market instrument would be most suitable?

a)

Treasury bill

b)

Treasury certificate

c)

Bill of exchange

d)

Call money funds

5.

Which of the following is NOT an instrument used in the capital market?

a)

Treasury bill

b)

Debenture

c)

Bond

d)

Development stock

6.

Suppose an institution has surplus funds and wants to invest them in the money market to generate additional income. Which money market instrument would be the most appropriate?

a)

Treasury bill

b)

Treasury certificate

c)

Bill of exchange

d)

Call money funds

7.

A company wants to raise long-term funds for a new project. Which capital market instrument would be the most suitable?

a)

Share

b)

Bond

c)

Debenture

d)

Development stock

8.

Which of the following is the primary purpose of the capital market?

a)

Providing capital for day-to-day business operations

b)

Providing long-term loans for investment

c)

Enhancing liquidity

d)

Mobilizing savings for investment

9.

What is the key difference between a share and a stock?

a)

Shares are a unit of capital, while stocks are a bundle of shares.

b)

Shares are fully paid, while stocks are not.

c)

Shares are issued, while stocks are converted from shares.

d)

Shares are traded on the stock exchange, while stocks are not.

10.

Which of the following is NOT a function of the capital market?

a)

Providing long-term loans for investment

b)

Mobilizing savings for investment

c)

Helping to grow and develop merchant banks

d)

Enhancing the liquidity of the money market

11.

Which of the following is the key difference between a treasury bill and a treasury certificate?

a)

Treasury bills are issued by the central bank, while treasury certificates are issued by commercial banks.

b)

Treasury bills have a shorter maturation period of 90 days, while treasury certificates have a longer maturation period of 12-24 months.

c)

Treasury bills are discounted instruments, while treasury certificates are interest-bearing.

d)

Treasury bills are used for raising long-term funds, while treasury certificates are used for raising short-term funds.

12.

Which of the following is NOT an institution involved in the money market?

a)

Central bank

b)

Commercial banks

c)

Acceptance house

d)

Stock exchange

13.

A company wants to raise long-term funds by issuing securities to the public. Which capital market instrument would be the most suitable?

a)

Treasury bill

b)

Treasury certificate

c)

Bond

d)

Debenture

14.

Which of the following is the primary function of the capital market?

a)

Providing capital for day-to-day business operations

b)

Enhancing the liquidity of the money market

c)

Mobilizing savings for investment

d)

Providing long-term loans for investment

15.

What is the primary purpose of a development stock?

a)

Raising long-term loans for the government

b)

Raising short-term loans for the government

c)

Providing capital for day-to-day government operations

d)

Enhancing the liquidity of the capital market

16.

Which of the following institutions is NOT involved in the capital market?

a)

Issuing houses

b)

Insurance companies

c)

Discount houses

d)

Building societies

17.

An investor has surplus funds and wants to invest in the capital market. Which of the following institutions would be the most appropriate for the investor to approach?

a)

Central bank

b)

Commercial bank

c)

Stock exchange

d)

Development bank

18.

An investor has surplus funds and wants to participate in the capital market. Which of the following institutions would be the most appropriate for the investor to approach?

a)

Central bank

b)

Commercial bank

c)

Stock exchange

d)

Development bank

19.

Which of the following is NOT a function of the money market?

a)

Promoting economic growth and development

b)

Helping to mobilize savings

c)

Providing long-term loans for investment

d)

Enhancing liquidity

20.

What is the key difference between a share and a stock in terms of ownership?

a)

Shares represent a smaller ownership stake, while stocks represent a larger ownership stake.

b)

Shares represent a larger ownership stake, while stocks represent a smaller ownership stake.

c)

Shares represent co-ownership of the business, while stocks represent a creditor relationship.

d)

Shares and stocks represent the same level of ownership.