International Finance And Treasury - Study Mode

[#436] The apex body of the Foreign Trade is
Correct Answer

(C) The Ministry of Commerce

Explanation

Solution: The apex body of the Foreign Trade is The Ministry of Commerce. The Ministry of Commerce and Industry administers two departments, the Department of Commerce and the Department for Promotion of Industry & Internal Trade.

[#437] Rate of return on non-callable bonds is $890 and value of issuer option is $670 then return on callable bond is
Correct Answer

(B) $1,560

Explanation

Solution: Return on callable bond = Rate of return on non-callable bonds + Value of issuer option = $890 + $670 = $1,560

[#438] Private placement of issues is consisted as
Correct Answer

(B) unregistered issue

Explanation

Solution: Private placement of issues is consisted as unregistered issue. Private placement (or non-public offering) is a funding round of securities which are sold not through a public offering, but rather through a private offering, mostly to a small number of chosen investors.

[#439] Temporary imbalances between operating receipts and operating expenditures are funded with help of
Correct Answer

(C) municipal bonds

Explanation

Solution: Temporary imbalances between operating receipts and operating expenditures are funded with help of municipal bonds. Municipal bonds are loans investors make to local governments. They are issued by cities, states, counties, or other local governments. For that reason, the interest they pay on the bonds is tax-free.

[#440] Type of bonds that have tangible property as a collateral are classified as
Correct Answer

(C) equipment trust certificates

Explanation

Solution: Type of bonds that have tangible property as a collateral are classified as equipment trust certificates. An equipment trust certificate (ETC) refers to a debt instrument that allows a company to take possession of and enjoy the use of an asset while paying for it over time. The debt issue is secured by the equipment or physical asset. During this time, title for the equipment is held in trust for the holders of the issue.