Please choose the most appropriate answer for each sentence.
  • 1

    In a recent press release, the bank said regarding the requirement for maintaining a statutory ..... ratio (SLR) of Rs 120 crore, it currently holds approved securities to a total of Rs 210 crore.

  • 2

    ..... and assessors of real estate estimate the value of property for a variety of purposes, such as to assess property tax, to confirm adequate collateral for mortgages, to confirm or help set a good sales price, to settle an estate, or to aid in a divorce settlement.

  • 3

    '..... month' is used in the context of commodities or options trading to refer to the month that is away from the contract's date of settlement.

  • 4

    A ..... association is a kind of savings association designed so that its board of directors is elected by its members, both its depositors and sometimes its borrowers; it does not issue capital stock, so its members do not share in its profits.

  • 5

    Midway Airlines may be forced into ..... liquidation because of its lack of financial information filed with the bankruptcy court; the administrator has filed a motion seeking court approval to convert the airline's bankruptcy from Chapter 11 to Chapter 7.

  • 6

    You should consider a ..... as insurance that you will receive the loan at the agreed-upon interest rate even if general rates rise; it also shields the lender, since you promise to borrow at the indicated rate even if general interest rates drop.

  • 7

    A corporation must keep its general ledger or other books of ..... entry, in electronic or paper form, containing summaries of its year-to-year transactions, along with any special agreements, contracts, etc, that might be needed to understand the entries.

  • 8

    ..... paper is a cost-effective way for cash-strapped companies to borrow money, because they avoid the fees imposed by brokerage firms; issuing straight to the public is more cost effective, but brokers still dominate the distribution market.

  • 9

    Electron is ..... stock in almost every sense - in the six years it was carried from venture capital to the public market, it never made money, but its hydrogen creation system and energy storage developments perch the company atop hydrogen fuel cell technology, the cutting edge of energy management.

  • 10

    Bear ..... are useful when a moderate decline in underlying stock or indices is anticipated; when a sharp fall is expected, aggressive strategies like writing calls or buying puts can be utlized to take advantage.

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