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ĐỀ ÔN TẬP TIỀN TỆ 2 1
ĐỀ ÔN TẬP TIỀN TỆ 2 1
CHAPTER 2+3
Question 1: Which financial institutions raise funds by issuing commercial paper
and stocks and bonds and use the proceeds to make loans that are particularly
suited to consumer and business needs.
a. Finance company
c. Leasing company
d. Pension fund
a. Finance company
c. Leasing company
d. Pension fund
b. Leasing company
d. Finance company
Question 18:What providers make money by selling policies that pay benefits if
catastrophic events occur?
A. Commercial Bank
Question 19: Why do property and casualty insurance companies hold more
liquid assets than life insurance companies?
A. Because of greater uncertainty regarding the benefits they will have to pay
out
B. Because of greater certainty regarding the benefits they will have to pay out
C. Because of greater doubt regarding the benefits they will have to pay out
D. Because of greater worry regarding the benefits they will have to pay out
Question 20: Life insurance companies, insure people against financial hazards
following a death and …….
Question 21: What types of financial intermediaries acquire funds from the
premiums people pay to keep their policies in effect and use them primarily to
buy corporate bonds and mortgages?
A. Life insurance companies
C. Insurance company
A. Government bonds
B. Debentures
C. Government bonds and debentures
D. Government bonds or debentures
Question 23: These companies insure their policyholders against loss from theft,
fire, and …..
A. Disease
B. Accidents
C. Tired
D. Unhappy
Question 24: What are the similarities of non-life insurance and life insurance?
Question 25: Brokerage firms engage in all three securities market activities,
acting as brokers, dealers, and investment bankers.
A. Security companies
B. Insurance company
C. Commercial bank
D. Non life insurance
Question 26: ............. are financial intermediaries that acquire funds at periodic
intervals on a contractual basis.
A. Security companies
B. Insurance company
C. Pension funds
D. Non life insurance
Question 27: Which financial intermediaries tend to invest their funds primarily
in long-term securities such as corporate bonds, stocks, and mortgages?
A. Security companies
B. Insurance company
C. Pension funds
D. Non life insurance
A. Security companies
B. Private pension funds
C. Insurance company
D. Non life insurance
Question 29: Funds are acquired by contributions from employers and/or from
…………, who either have a contribution automatically deducted from their
paycheques or contribute voluntarily.
A. Employees
B. School-goers
C. Commuters
D. Homemaker
Question 30: The largest asset holdings of pension funds are corporate …… and
…….
Chapter 4
1. When a company goes bankrupt, who gets paid last?
a. Bondholders
b. Shareholders
c. Creditors
d. Staff
2. What does “IPO” stand for?
a. Initial Public Offering
b. Initial Public Opening
c. Initial Public Operating
d. Initial Price Offering
3. Who becomes a part owner of the firm?
a. The creditor
b. the issuer of bond
c. The purchaser of stock
d. The seller of stock
4. Which types of financial institutions execute buy and sell stock transactions of
investors?
a. Commercial banks
b. Savings banks
c. Pension funds
d. Securities firms
5. Which are the same functions between commercial banks and finance
companies when participating in the stock market?
a. Issue stock to boost their capital base
b. Manage trust funds that usually contain stocks
c. Invest a large proportion of their premiums in the stock market
d. Place new issues of stock
6. Choose the wrong answer
Orders always specify:
a. The security to be traded
b. The price of the stock
c. The side of the order
d. The quantity to be traded
7. The different point between Common stock and Preferred stock
a. Common shareholders and preferred shareholders allow for significant
voting rights.
b. Common shareholders and preferred shareholders do not allow for
significant voting rights.
c. Only common shareholders allow for significant voting rights.
d. Only preferred shareholders allow for significant voting rights.
9. Which are the participants of Financial Institution on Stock Markets?
a. Commercial bank, Saving bank, Securities firms, Pension fund.
b. Commercial bank, Private company, Securities firms, Pension fund.
c. Commercial bank, Saving bank,International monetary Fund , Pension
fund.
10. How many factors to execute a trade order ?
a. 1
b. 2
c. 3
d. 4
11. What is the Best Bid in this picture
. A. 17.65
B. 17.70
C. 17.60
D. 17.50
E. 17.75
F. 19.00
G. 17.80
12. Sort the steps of Process of stock issuance in right order:
1. Developing a Prospectus
2. Allocation of IPO Shares
3. Pricing
4. Transaction
a. 1,2,3,4
b. 2,3,4,1
c. 1,3,2,4
d. 3,2,4,1
13. How many types of orders?
a. 1
b. 2
c. 3
d. 4
14. Which is an instruction to trade at the best price currently available in the
market ?
a. Market order
b. Limit order
c. Stop order
d. Stop limit order
CHAPTER 5
1. Bonds are_____ securities that are issued by government agencies or
corporations.
a. Short-term debt
b. Long-term debt
a. Municipal bonds
b. Corporate bonds
c. Federal agency
d. Treasury bonds
a. 1
b. 2
c. 3
d. 4
a. Annual
b. Semiannual
c. First semiannual
a. Mutual funds
d. Finance companies
a. Can
b. Must
c. Should
d. Will
9. The bonds that finance budget deficits where state local governments
regularly spend more than they receive is:
b. Treasury bonds
c. Corporate bonds
d. Registered bonds
10. Which is correct about Competitive bids?
c. Commonly used because many bidders want to purchase more Treasury bonds
than the maximum
d. The Treasury uses the highest accepted bid price as the price applied to both
CHAPTER 6:
How many types of derivative securities.
a. 1
b. 2
c. 3
d. 4
a. Forward contracts
b. Futures contract
c. Options contract
d. Swap contract
3. A legal arrangement in which two parties undertake to swap the cash flow of
one financial instrument of one party with the cash flow of the other’s financial
instrument over a specified period of time
a. Forward contract
b. Futures contract
c. Options contract
d. Swap contract
7. An option is a contract that ____ the holder to buy (if the call option) or to sell
(if the put option).
a. Forces
b. Obligates
c. Forbids
d. Allows
8. Which markets are options contracts that can be traded on ?
a. Exchanges and OTC markets
b. Forex and Securities markets
c. Centralized and Derivative stock exchanges
d. Both a,b and c.
9. How many types of options contracts ?
a. 2
b. 3
c. 4
d. 5
10. Which are the types of options contracts ?
a. Buy option and sell option
b. Order option and refuse option
c. Call option and put option
d. Join option and quit option
11. Which standard options contracts can be exercised at any time ?
a. Asia
b. European
c. England
d. American
12. Which standard options contracts are exercised only on its own expiration
date ?
a. Asia
b. European
c. England
d. American
13 What is the basis that distinguishes options from futures contract and futures
contract ?
a. Not a mandatory transaction
b. Highly standardized
c. Change the nature of a debt
d. Listed and traded on derivative stock exchanges
14. For call options, the higher strike price of the underlying asset, the ___ the
price of the option contract.
a. More expensive
b. Cheaper
c. Unchanged
d. Higher
15. For put options, the higher strike-off price of the underlying asset, the ___ the
price of the option contract.
a. More expensive
b. Cheaper
c. Unchanged
d. Lower
16. The price of the option contract is tied to the price of ___
a. Original
b. Market
c. Negotiate
d. Underlying asset
17. What is a swap contract ?
a. Allow the holder to buy or to sell a certain volume of the goods at a
specified price and for a maximum period of time.
b. An agreement between two parties in which a buyer and a seller agree to
perform a goods transaction with a specified volume , at a specified time in
the future, for a fixed price today
c. A legal agreement in which two parties undertake to swap the cash flow of
one financial instrument of one party with the cash flow of the other for a
specified period of time.
d. An agreement that requires a party to buy or sell a good at a specified time
in the future at a predetermined price.