What is called interest payments plus repayments of principal to creditors ?

Related Mcqs:

1. Interest payments and any principal repayments which are due on a country’s external debt are known as ?

   A. Debt Payment
   B. Service Charges
   C. Debt Charges
   D. Debt service

2. By which process the holder of a mortgage seizes the property of a homeowner who has not made interest and or principal payments on time as stipulated in the mortgage contract ?

   A. Foreclosure
   B. Default
   C. Bankrupt
   D. None of these

3. What is called interest that is paid previously earned interest as well as on the principal ?

   A. Gross interest
   B. Simple interest
   C. Total interest
   D. Compound interest

4. Bank loans are usually altered to have longer maturities in order to assist the borrower in making the necessary repayments. What these loans are called____________?

   A. Rearranged loans
   B. Rescheduled loans
   C. Altered loans
   D. None of these

5. What is called bankruptcy practitioner appointed by secured creditors to oversee the repayment of debts?

   A. Liquidator
   B. Solicitor
   C. Receiver
   D. Agent

6. What is called the situation in which a debtor remains unable to pay his creditors in full ?

   A. Bankruptcy
   B. Default
   C. Total loss
   D. Crash

7. Failure to make timely payment of interest or principal on a debt security or to otherwise comply with the provisions of a bound indenture is called ?

   A. Rolling debt
   B. Bad debt
   C. Rescheduling
   D. Default

8. Interest that is calculated as a simple percentage of the original principal amount is called ?

   A. Market interest
   B. Easy interest
   C. Compound interest
   D. Simple interest

9. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium economic theory suggests that the nation’s balance of payments would move into a surplus position if there occurred in the nation a (an) ?

   A. increase in the money demand
   B. decrease in the money demand
   C. increase in the money demand
   D. None of the above

10. Starting from a position where the nation’s money demand equals the money supply and its balance of payments is in equilibrium its balance of payments would move into a surplus position if there occurred in the nation a (an) ?

    A. decrease in the money supply
    B. increase in the money supply
    C. decrease in the money demand
    D. None of the above