The selling of new shares to exist shareholders is referred to as?
A. public issue B. offer for sale C. rights issue D. bonus issue Correct Answer: Option C – rights issue
The central bank controls the quantity of money in circulation through?
A. open-market operations B. decreasing the tax rate C. issuing new currencies D. increasing the tax rate Correct Answer: Option A – open-market operations
Which of the is a risk-free security?
A. Preference share B. Ordinary share C. Treasury bill D. Debenture Correct Answer: Option C – Treasury bill
The difference between the buying and selling price of shares is known as?
A. brokerage B. margin C. jobber’s turn D. gross profit Correct Answer: Option C – jobber’s turnProducts
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