A. Rolling debt
B. Bad debt
C. Rescheduling
D. Default
Related Mcqs:
- 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 - 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 - A payment is made in return for some transference of privilege. What this payment is called ?
A. Royalty
B. Rent
C. Share
D. Intellectual royalty - What is called the centers around the ability of a national economy to generate enough interests and principal on its foreign debt ?
A. National economic risk
B. Country economic risk
C. Country finance risk
D. Foreign exchange risk - Which term is used for an addition to normal payment by a company or extra payment of gratuity to workers ?
A. Bonus
B. Overtime
C. Prize
D. Gift - What is National debt or public debt ?
A. State’s borrowing from its population
B. State’s borrowing from foreign government
C. state’s borrowing from international institution
D. All of these - What is called interest payments plus repayments of principal to creditors ?
A. Debt retirement
B. Debt relief
C. Debt service
D. Payback - 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 - 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 - A borrower gives to creditor a security to grantee repayment of a loan. What is this security called ?
A. Pledge
B. Assurance
C. Collateral
D. Guaranty
