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MCQ 11: The rate which is used in major banks in United States as a rate for industrial and commercial loans is:

  1. London intra bank offered rate
  2. London interbank offered rate
  3. euro interbank offered rate
  4. demand intra bank rate

MCQ 12: The certificate of deposits which are usually negotiable are issued by:

  1. banks
  2. financial market
  3. stock exchange
  4. business corporations

MCQ 13: The investors held commercial papers generally from:

  1. issuance to maturity
  2. within 1 to 2 days
  3. within 3 to 4 days
  4. within 4 to 5 days

MCQ 14: The funds transferred usually for a day between financial institutions are classified as:

  1. federal funds
  2. banker's funds
  3. debt funds
  4. secured funds

MCQ 15: The bids of bidder which tells that how much treasury bills bidder wants to buy is classified as:

  1. federal acceptance bid
  2. bankers' acceptance bid
  3. non-competitive bids
  4. competitive bids

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