Question 1

A systematic approach to selecting and financing a vehicle can mean significant savings. Before making any major purchase-whether it’s a car, house, or large appliance-consider some basic guidelines to wise purchasing decisions.

Options :

A : Research your purchase thoroughly, considering not only the market but also your personal needs

B : Buy the item for your needs

C : Do not purchase and make necessary repairs promptly

D : Both A and B

Answer: D

Question 2

__________ is the accumulated refundable value of an insurance policy; results from the investment earnings on paid-in insurance premiums.

Options :

A : Cash value

B : Nonforefeiture right

C : Decreasing term policy

D : Continuous premium

Answer: A

Question 3

Which of the following is the right to sell?

Options :

A : System option

B : Strategic option

C : Call option

D : Put option

Answer: D

Question 4

What is inferred in case the share price is moving above the simple moving average line?

Options :

A : Share is inferior

B : Price is increasing

C : Market is positive

D : Company is good

Answer: B

Question 5

Which of the following is the characteristic of a cyclic stock?

Options :

A : Their value is tied with the overall state of national economy

B : They are low priced, speculative and risky securities

C : They have stable earning and no extensive liabilities

D : They have irregular earning and extensive liabilities too

Answer: A

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