Wall Street Trivia Questions
A General Science test on different types of Wall Street
- 1.
In 1985, the U.S. government began issuing securities with interest and principal separated known as what?
- A.
Savings Bonds
- B.
Freeloaders
- C.
Freddie Macs
- D.
STRIPS
Correct Answer
D. STRIPS -
- 2.
What does the term "gap opening" mean as it relates to the price of a stock?
- A.
None Of These
- B.
Big Change From Closing To Opening
- C.
Price Is Significantly Higher
- D.
Price Is Significantly Lower
Correct Answer
B. Big Change From Closing To Opening -
- 3.
Who used the term "irrational exuberance" during the stock market boom of the 1990's?
- A.
Donald Trump
- B.
Warren Buffet
- C.
Alan Greenspan
- D.
James Rubin
Correct Answer
C. Alan Greenspan -
- 4.
Which term describes a type of stock that pays a higher dividend but has a share price that appreciates slowly?
- A.
Priority Stock
- B.
Common Stock
- C.
Stock Options
- D.
Preferred
Correct Answer
D. Preferred -
- 5.
What is the name of the indicator that is mainly used to measure inflation?
- A.
Consumer Price Index
- B.
Consumer Domestic Index
- C.
Gross Domestic Product
- D.
Consumer Credit Index
Correct Answer
A. Consumer Price Index -
- 6.
What is a decrease in the total number of shares in a company called?
- A.
Buy Back
- B.
Split Call
- C.
Split
- D.
Reverse Split
Correct Answer
D. Reverse Split -
- 7.
What term describes a way to profit from the price of stock declining?
- A.
Short Sale
- B.
Margin Call
- C.
Derivative
- D.
Par Value
Correct Answer
A. Short Sale -
- 8.
To become a licensed stockbroker in the U.S., what test must you pass?
- A.
Series 7
- B.
Series 13
- C.
Series 11
- D.
Series 5
Correct Answer
A. Series 7 -
- 9.
What is another name for a "junk bond"?
- A.
Speculative Grade Bond
- B.
Capital Bond
- C.
Non-Premiere Bond
- D.
Investment Grade Bond
Correct Answer
A. Speculative Grade Bond -
- 10.
Which acronym refers to the identifying numbers and symbols for all North American securities?
- A.
CAES
- B.
CAPEX
- C.
CUSIP
- D.
CFTC
Correct Answer
C. CUSIP -
- 11.
What is a membership on a security or commodity exchange typically called?
- A.
Seat
- B.
Chair
- C.
Office
- D.
Trust
Correct Answer
A. Seat -
- 12.
What trading strategy takes advantage of price differences in currency trading on different exchanges?
- A.
Hedging
- B.
Margin Trading
- C.
Fast Market Trading
- D.
Arbitrage
Correct Answer
D. Arbitrage -
- 13.
Which of the original twelve companies in the Dow Jones Industrial Average was still there in 2000?
- A.
Chicago Gas
- B.
Sears, Roebuck And Co.
- C.
General Electric Company
- D.
Goodyear Tire & Rubber Company
Correct Answer
C. General Electric Company -
- 14.
What New York street is closely associated with the business world and the stock market?
- A.
Hollywood Blvd
- B.
Wall Street
- C.
Michigan Avenue
- D.
Collins Avenue
Correct Answer
B. Wall Street -
- 15.
Which of the Russell 3000 companies does the Russell 2000 Index measure?
- A.
The USA's 2000 Smallest Public Companies Based On Market Capitalization
- B.
The USA's 2000 Largest Companies Based On Market Capitalization
- C.
2,000 Smallest
- D.
The USA's 2000 Largest Companies Based On Sales Volume
Correct Answer
C. 2,000 Smallest -
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Current Version
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Mar 20, 2022Quiz Edited by
ProProfs Editorial Team -
Mar 30, 2015Quiz Created by
Cambronbill3
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