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7. Why would an investor need a Banker"s Acceptance? a) If a buyer needs to buy products from a foreign seller b) Seller (exporter) would really be concerned about the ability of the buyer (importer) to pay him the purchase price of these products. c) Lending would be a problem; the most suitable way is to use banker's acceptance. d) All the above 8. When Income exceeds Planned Expenditure, the budget is called: c) Surplus Budget f) Deficit Budget g) Balanced Budget h) Market Budget 9. Which of the following is the function of financial market? a) Mobilization of savings b) Price fixation c) Provide liquidity to financial assets d) All of the above 10. Which of the following is NOT a limitation of Non-Intermediated (Direct) Flows of Funds? a) High Monitoring costs b) High Liquidity costs c) Price risk d) Immediate transfer