Question : Which of the following is not a type of interest rate?
Option 1: Simple interest rate
Option 2: Compound interest rate
Option 3: Fixed interest rate
Option 4: Dynamic interest rate
Correct Answer: Dynamic interest rate
Solution : The correct answer is (d) Dynamic interest rate.
Dynamic interest rate is not a recognized term in the context of interest rates. The term "dynamic" usually refers to something that changes or adjusts continuously. However, "dynamic interest rate" is not a standard term used to describe a specific type of interest rate.
Question : Which of the following is not a feature of a term loan?
Option 1: Fixed interest rate
Option 2: Fixed repayment schedule
Option 3: Collateral security
Option 4: No maturity period
Question : Which of the following is not a feature of a fixed deposit account?
Option 1: High interest rate
Option 2: Fixed maturity period
Option 3: Flexible withdrawal option
Option 4: Penalty for premature withdrawal
Question : Which of the following is not a type of exchange rate system?
Option 1: Fixed exchange rate
Option 2: Floating exchange rate
Option 3: Hybrid exchange rate
Option 4: Dual exchange rate
Question : Which of the following is a feature of a fixed deposit account?
Option 1: Low interest rate
Option 2: Flexible withdrawal option
Option 3: Fixed maturity period
Option 4: No penalty for premature withdrawal
Question : Which of the following is not a type of exchange rate regime?
Option 3: Managed float exchange rate
Option 4: Hybrid exchange rate
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