business

business

9th - 12th Grade

11 Qs

quiz-placeholder

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Assessment

Quiz

Other

9th - 12th Grade

Hard

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11 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which statement best describes the exchange rate?

stays consistent throughout the day

fluctuates throughout the day

fluctuates throughout the week

it is a fixed rate

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which of the following factors DOES NOT influence the demand and supply of currencies?

economic

politicial

technological

environmental

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which of the following is an example of major currency pair?

EUR/AUD

NZD/SGD

USD/JPY

GBP/CAD

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

which term is used in the fund transfer best describes this statement?

receiving bank

drawer

correspondent bank

paying bank

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what are major currencies?

world foreign transactions are denominated

cross currency

thinly traded currency

all of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

which of the following is not a term of fund transfer?

drawer applicants

receiving bank

paying/remitting

domestic fund transfer

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

what are exotic’s currencies?

HKD (Hong Kong Dollar)

THB (Thai Baht)

MXN (Mexican Peso)

All of the above

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