“Term bond” are bonds whose principle is payable at ... - Solved MCQs & Answer

1646EconomicsMedium

“Term bond” are bonds whose principle is payable at maturity. What does mean by Term certificate?

Acertificate of deposit with a longer time to maturity

BA certificate of deposit whose principal is payable at maturity

CA certificate of deposit with a shorter time to maturity

DA bond with a longer time to maturity

Correct answer

B. A certificate of deposit whose principal is payable at maturity

Explanation

The correct answer is A certificate of deposit whose principal is payable at maturity.

Related Economics MCQs

View all 4520 MCQs →

MCQ #1648

As prices rise. People will want to keep more money as cash and in bank accounts This is called?

Ans: real balance effect.Read →

MCQ #1644

Which of the following crops is/are Cash Crop?

Ans: All of aboveRead →

MCQ #1649

A high degree of real wage flexibility will tend to reduce the cost to a country of joining a currency union because?

Ans: real wages fall rapidly in a recession and the economy moves quickly back to long run equilibrium so limiting the duration of the recession even when exchange rate adjustment is not possibleRead →

MCQ #1643

Reserve requirements that may be imposed on an economy’s banks by its central bank specify that banks by its central bank specify that banks reserve must be a minimum percentage of them?

Ans: depositsRead →

MCQ #2776

Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing?

Ans: Saudi ArabiaRead →

MCQ #3906

Which of the following is an example of tragedy of commons?

Ans: over fishingRead →