Question 1 :

Negotiable certificates of deposit (NCD's) are known as:

a) Indirect securities

b) None of the answers are correct

c) Exchange traded securities

d) Primary securities

Question 2:

What is a Money market?

a) It is a wholesale financial market with only discount instruments.

b) It is a wholesale financial market for the raising of short term funds.

c) None of the answers are correct

d) It is a wholesale financial market for the raising of long term funds.

Question 3

The money market is an:

a) Over-the-counter market

b) Exchange traded

c)Through a regulated broker who sends orders to an exchange

d) All of the answers are correct

Question 4

Rates of return are usually expressed over a standardised time period of one year?

a) False

b) True

Question 5

Money Market instruments are negotiable and are actively traded on secondary markets?

a) True

b) False

Question 6

The Coupon rate is also known as the :

a) Implicit interest rate

b) Realized yield

c) Explicit interest rate

d) Holding period yield