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MCQs

Total Questions : 124 | Page 13 of 13 pages
Question 121. The financial corporations which serve individual savers and commercial mortgage borrowers are classified as
  1.    savings associations
  2.    loans associations
  3.    preferred and common associations
  4.    savings and loans associations
 Discuss Question
Answer: Option D. -> savings and loans associations
Answer: (d).savings and loans associations
Question 122. The companies take savings as premium, invest in bonds and make payments to beneficiaries are classified as
  1.    debit unions
  2.    life insurance companies
  3.    credit unions
  4.    auto purchases
 Discuss Question
Answer: Option B. -> life insurance companies
Answer: (b).life insurance companies
Question 123. A regulatory body which licenses brokers and oversees traders is classified as
  1.    international firm of auction system
  2.    international association of network dealers
  3.    national firm of equity dealers
  4.    national association of securities dealers
 Discuss Question
Answer: Option D. -> national association of securities dealers
Answer: (d).national association of securities dealers
Question 124. The federal government tax revenues if it exceeds the government spending then it is classified as
  1.    budget surplus
  2.    budget deficit
  3.    federal reserve
  4.    federal budget
 Discuss Question
Answer: Option A. -> budget surplus
Answer: (a).budget surplus

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