Types Of Bank - Commerce Jamb Past Questions and Answers

Question 11 :

• JAMB 2008

In order to prevent Liquidity in commercial banks, the central banks uses?

A. Moral suasion
B. Fiscal policy
C. Reserve ratio
D. Taxation

Question 12 :

• JAMB 2009

The central bank differs from commercial banks because it?

A. Renders service to customers
B. Carries out foreign exchange transactions
C. Issues currencies
D. Discount bills

Question 13 :

• JAMB 2017

The differences between the central bank and commercial bank is that the former ______

A. Discount treasury bills
B. Give loans to the public
C. Saves valuable of individual
D. Serves as lender of last resort

Question 14 :

• JAMB 2019

First Bank of Nigeria is an example of

A. Commercial bank
B. Central bank
C. Development bank
D. Merchant bank