Housing-5:00 Mwf
Open quiz for housing 5pm MWF
quiz starts at 5pm today (1hr and single try only)
- 1.
1. The ratio of number of dwellings to a given unit area. This is commonly expressed in dwelling units per hectare or acre.
- A.
Housing Ratio
- B.
Housing Density
- C.
Housing Demand
- D.
Density Ratio
Correct Answer
D. Density Ratio -
- 2.
The government arm responsible for the development and implementation of low-cost housing in the Philippines.
- A.
CMP
- B.
MFC
- C.
NSP
- D.
DSWD
Correct Answer
C. NSP -
- 3.
Housing provided for low-income groups generally through government intervention and characterized by substantial subsidies and direct assistance.
- A.
Social Housing
- B.
Low-income Housing
- C.
Privileged Housing
- D.
Medium-rise Housing
Correct Answer
A. Social Housing -
- 4.
A written agreement between parties, but it allows a specific period during which the buyer can investigate the property and make a decision.
- A.
"Contract of Purchase"
- B.
"Option to Buy"
- C.
"Value Test"
- D.
"Abstract of Title"
Correct Answer
C. "Value Test" -
- 5.
Sometimes called "subcription money", this is a deposit given to the seller to show that the potential buyer has serious intentions.
- A.
Collateral
- B.
Down-payment
- C.
Amortization
- D.
Earnest money
Correct Answer
D. Earnest money -
- 6.
A provision made in advance for the gradual liquidation of a future obligation by periodic charges against the capital account.
- A.
Collateral
- B.
Down-payment
- C.
Amortization
- D.
Earnest money
Correct Answer
B. Down-payment -
- 7.
Determines the value of the house and also is familiar with local trends in the market and the housing industry.
- A.
The Appraiser
- B.
The Real Estate Broker
- C.
The Insurance Agent
- D.
The Lawyer
Correct Answer
A. The Appraiser -
- 8.
Helps people find a place to live, specializing and matching wants of buyers with the local supply.
- A.
The Appraiser
- B.
The Real Estate Broker
- C.
The Insurance Agent
- D.
The Lawyer
Correct Answer
B. The Real Estate Broker -
- 9.
Housing type for an approved lot size for a single family on a single attached structure.
- A.
Row house
- B.
Duplex
- C.
Multi-family Dwelling
- D.
Single Attached
Correct Answer
D. Single Attached -
- 10.
The percentage of the average employee's take-home pay which is put aside for Housing.
- A.
20%
- B.
30%
- C.
40%
- D.
50%
Correct Answer
C. 40% -
- 11.
Related to security as for payment of a debt or contract performance.
- A.
Principal
- B.
Collateral
- C.
Insurance
- D.
Interest
Correct Answer
B. Collateral -
- 12.
A charge for borrowed money by a percentage of the amount borrowed.
- A.
Principal
- B.
Collateral
- C.
Insurance
- D.
Interest
Correct Answer
D. Interest -
- 13.
A conveyance or lien against property upon payment or performance.
- A.
Reference
- B.
Eligibility
- C.
Mortgage
- D.
Default
Correct Answer
C. Mortgage -
- 14.
Most frequently used influence system involving friends or contacts.
- A.
Reference
- B.
Eligibility
- C.
Mortgage
- D.
Default
Correct Answer
A. Reference -
- 15.
The degree to which a home provides for shelter to all family members from the outside environment.
- A.
Sense of Place
- B.
Relatedness
- C.
Privacy
- D.
Psychological Stimulation
Correct Answer
C. Privacy -
- 16.
The total floor square meters of a single detached home according to Pag-ibig.
- A.
24 sq. m.
- B.
25 sq. m.
- C.
27 sq. m.
- D.
30 sq. m.
Correct Answer
C. 27 sq. m. -
- 17.
The total cost of the House @ P15,000 per square meter.
- A.
P 400,000
- B.
P 405,000
- C.
P 410,000
- D.
P 412,000
Correct Answer
B. P 405,000 -
- 18.
Total cost of the House and Lot (lot at 150 square meters)
- A.
P 605,000
- B.
P 705,000
- C.
P 805'000
- D.
P 905'000
Correct Answer
B. P 705,000 -
- 19.
The Interest on principal when computed @ 10.25%.
- A.
P 62,722.50
- B.
P 26,250.72
- C.
P 50,722.60
- D.
P 72,262.50
Correct Answer
D. P 72,262.50 -
- 20.
The total cost with interest for 15 years (interest fixed per annum)
- A.
P 1,788,937.50
- B.
P 1,875,388.50
- C.
P 1,957,883.50
- D.
P 1,397,385.50
Correct Answer
A. P 1,788,937.50 -
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Current Version
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Jan 29, 2013Quiz Edited by
ProProfs Editorial Team -
Sep 27, 2011Quiz Created by
Ar_pro
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