Question : Which of the following is not a type of commercial paper?
Option 1: Unsecured commercial paper
Option 2: Secured commercial paper
Option 3: non-convertible commercial paper
Option 4: Convertible commercial paper
Correct Answer: Secured commercial paper
Solution : b). Secured commercial paper
Secured commercial paper is not a type of commercial paper. Commercial paper refers to short-term debt instruments issued by corporations, financial institutions, and government entities to meet their short-term funding needs. The options listed include various types of commercial paper except for "b). Secured commercial paper." Commercial paper is typically unsecured, meaning it is not backed by specific collateral. The correct answer is option b.
Question : Which of the following is an example of a non-convertible currency?
Option 1: US dollar
Option 2: Euro
Option 3: Swiss franc
Option 4: Chinese yuan
Question : Geothermal energy is considered a type of:
Option 1: Conventional energy source
Option 2: Non-conventional energy source
Option 3: Commercial energy source
Option 4: Non-commercial energy source
Question : What is the term used to describe a situation where a country's currency is not freely tradable or convertible into other currencies?
Option 1: Convertible currency
Option 2: Non-convertible currency
Option 3: Reserve currency
Option 4: Intervention currency
Question : Which of the following is not a type of non-performing asset (NPA)?
Option 1: Substandard asset
Option 2: Doubtful asset
Option 3: Good asset
Option 4: Loss asset
Option 1: Substandard assets
Option 2: Doubtful assets
Option 3: Bad assets
Option 4: Perfect assets
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