Wall Street Quiz
This is a brief quiz on the basics of Wall Street
- 1.
What is the main trading area of the New York Stock Exchange called?
- A.
The Area
- B.
The Alley
- C.
The Pit
- D.
The Trade Zone
Correct Answer
C. The Pit -
- 2.
What is happening when there is a "bear market" on Wall Street?
- A.
Animal-Related Stocks Are Presently Lucrative.
- B.
Stocks Are Fluctuating, Hold On.
- C.
Stock Prices Are Falling
- D.
Period During Which Stock Prices Barely Rise
Correct Answer
C. Stock Prices Are Falling -
- 3.
What financial institution uses a bull as their symbol?
- A.
Prudential
- B.
Merrill Lynch
- C.
Metlife
- D.
Bank Of America
Correct Answer
B. Merrill Lynch -
- 4.
What denotes a "bull market"?
- A.
Stock Prices Remain The Same
- B.
Rising Stock Prices
- C.
Stock Prices Are On A Decrease
- D.
Stocks Are Splitting
Correct Answer
B. Rising Stock Prices -
- 5.
In what year did Wall Street hit a depression low of 41.22?
- A.
1907
- B.
1941
- C.
1932
- D.
1991
Correct Answer
C. 1932 -
- 6.
In terms of over the counter stocks, what might you find on the "pink sheets"?
- A.
Information On The Futures Market
- B.
Mutual Bond Activity
- C.
Bid And Asked Prices
- D.
Debt Securities
Correct Answer
C. Bid And Asked Prices -
- 7.
Which of these best defines the term Pac-Man Strategy?
- A.
A Technique Used By A Corporation That Is The Target Of A Takeover Bid To Defeat The Acquirer's Wishes
- B.
The Illegal Practice By Manipulators Who Buy And Sell A Particular Stock Among Themselves To Create Activity
- C.
The Aggressive Act Of Generating Capital By Over Selling Stock
- D.
The Practice Of A Firm That Expands Sales Beyond The Level That Can Be Financed
Correct Answer
A. A Technique Used By A Corporation That Is The Target Of A Takeover Bid To Defeat The Acquirer's Wishes -
- 8.
Who wrote the classic investment book "Liar's Poker"?
- A.
Michael Lewis
- B.
Frank Yablans
- C.
James B. Stewart
- D.
Bryan Burroughs
Correct Answer
A. Michael Lewis -
- 9.
What is a strategic move by a takeover target to make its stock less attractive called?
- A.
Shark Repellant
- B.
Reverse Takeover
- C.
Poison Pill
- D.
Plow Back
Correct Answer
C. Poison Pill -
- 10.
With other factors constant, what happens to a "plain vanilla" bond when interest rates rise?
- A.
Its Value Is Unchanged
- B.
Its Value Increases
- C.
Its Value Decreases
- D.
Its Value Is Indeterminate
Correct Answer
C. Its Value Decreases -
- 11.
When is, or was, Triple Witching Day?
- A.
1st Day Of A Quarter
- B.
3rd Friday, Last Month In A Quarter
- C.
1929
- D.
Last Active Trading Day Of A Month
Correct Answer
B. 3rd Friday, Last Month In A Quarter -
- 12.
What are "Blue Sky Laws" designed to do?
- A.
Protect Against Securities Frauds
- B.
Restrict Allowable Margin Credit
- C.
Restrict Limits On Trade
- D.
Close Stock Exchanges On Sunday
Correct Answer
A. Protect Against Securities Frauds -
- 13.
What is a key factor in the definition of "over the counter" or OTC stocks?
- A.
Not Traded On A Recogniized Exchange
- B.
Any Stocks Or Securities That Can Be Traded
- C.
Stocks Or Securities That Are Part Of An Organized Exchange
- D.
High Volume Stocks, That Are Traded In The Top Percentile Of All Stocks
Correct Answer
A. Not Traded On A Recogniized Exchange -
- 14.
What does the acronym "REIT" refer to in the financial world?
- A.
Respective Earnings/Income Total
- B.
Registered Equity Income Trust
- C.
Real Estate Investment Trust
- D.
Revenues, Earnings, Income, Taxes
Correct Answer
C. Real Estate Investment Trust -
- 15.
When an investor buys a stock on "margin", what does that mean?
- A.
Purchase With Borrowed Funds
- B.
The Stock Is Purchased If A Certain Price Is Reached
- C.
The Stock Is Automatically Sold If A Pre-Determined Percentage Of Loss/Gain Occurs
- D.
The Investor Receives A Warrant To Purchase The Stock At A Later Date
Correct Answer
A. Purchase With Borrowed Funds -
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 16, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 30, 2015Quiz Created by
Cambronbill3
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