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Commercial Banks - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Commercial Banks

Question 1:


A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand


Question 2:


Which of the following can be regarded as a liability of a commercial bank?

A. Advances
B. Deposits
C. Treasury bills
D. Overdrafts
E. Cash


Question 3:


The largest liability appearing in the book of a commercial bank is

A. Cash
B. Deposits
C. Loans and advances
D. Capital and reserves
E. Treasury bills


Question 4:


Which of the following is not an asset of a commercial bank?

A. Cash
B. Money at call
C. Treasury bills
D. Reserve funds
E. Loans and over-draft


Question 5:


Which of the following assets of the commercial bank does not yield revenue?

A. Money in the tills of the bank
B. Money at call
C. Treasury certificates
D. Treasury bills
E. Bills of exchange






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