πŸ“Š Financial Services
Q. Which of the following is / are securitisable asset/debt?
  • (A) Credit card receivable
  • (B) Lease finance
  • (C) Mortgage loan
  • (D) All the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All the above
πŸ“Š Financial Services
Q. -------- certificate under securitisation have single maturity structure.
  • (A) Pass through certificate
  • (B) Pay through certificate
  • (C) Preferred stock certificate
  • (D) Principle only certificate
πŸ’¬ Discuss
βœ… Correct Answer: (A) Pass through certificate
πŸ“Š Financial Services
Q. -------- certificate under securitisation have multiple maturity structure.
  • (A) Pass through certificate
  • (B) Pay through certificate
  • (C) Preferred stock certificate
  • (D) Interest only certificate
πŸ’¬ Discuss
βœ… Correct Answer: (B) Pay through certificate
πŸ“Š Financial Services
Q. Under “securitisation process”, ---------- are instruments which issued subsidiary company in respect of receivables of holding or parent company
  • (A) Pass through certificate
  • (B) Pay through certificate
  • (C) Preferred stock certificate
  • (D) None of these
πŸ’¬ Discuss
βœ… Correct Answer: (C) Preferred stock certificate
πŸ“Š Financial Services
Q. Under “securitisation process”, organisation which gives insurance and guarantee is known as;
  • (A) SPV
  • (B) Obligor
  • (C) Originator
  • (D) Credit enhancer
πŸ’¬ Discuss
βœ… Correct Answer: (D) Credit enhancer
πŸ“Š Financial Services
Q. Under “securitisation process”, original borrower is known as;
  • (A) SPV
  • (B) Obligor
  • (C) Originator
  • (D) Credit enhancer
πŸ’¬ Discuss
βœ… Correct Answer: (B) Obligor
πŸ“Š Financial Services
Q. Under “securitisation process”, the bank or financial institution which gives loan is known as;
  • (A) SPV
  • (B) Obligor
  • (C) Originator
  • (D) Credit enhancer
πŸ’¬ Discuss
βœ… Correct Answer: (C) Originator
πŸ“Š Financial Services
Q. Which of the following assets is most liquid?.
  • (A) 2 year Treasury bonds
  • (B) Shares of common stock
  • (C) Passbook savings accounts.
  • (D) Gold bars
πŸ’¬ Discuss
βœ… Correct Answer: (C) Passbook savings accounts.
πŸ“Š Financial Services
Q. Financial intermediaries’ _________.
  • (A) Solve some of the problems associated with asymmetric information.
  • (B) Decrease transaction costs for borrowers and lenders
  • (C) Allow borrowers and lenders to engage in risk sharing
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above
πŸ“Š Financial Services
Q. Mr. Praveen is thinking about buying an investment. The investment option that he is thinking about buying is an investment where investors pool their money. One of the key features is that it is managed by professional managers. What investment is Mr. Praveen thinking about purchasing?.
  • (A) Common Stock
  • (B) Corporate Bond
  • (C) Real Estate.
  • (D) Mutual Fund.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Mutual Fund.