Financial Institutions - Jamb Economics Past Questions and Answers

Question 56:

• JAMB 1992

Which of the following is NOT directly concerned with dealings in treasury bills?

A. The stock exchange
B. The Central bank
C. Commercial banks
D. Discount houses

Question 57:

• JAMB 1992

Monetization refers to the ratio of?

A. Total transactions to monetary transactions
B. Monetary assets to total assets
C. Monetary transactions to total transactions
D. Money in circulation to total income

Question 58:

• JAMB 1992

When interest rates are high and still rising the least-cost method used by public limited companies to obtain additional funds for their operations is by?

A. Obtaining life-term loans from merchant banks
B. Obtain short-term loans from commercial banks
C. Selling floating-rate debenture stocks to the general public
D. Selling new ordinary shares to the general public

Question 59:

• JAMB 1993

The money market is a financial market that specializes in the provision of?

A. Short-term loans
B. Medium-term loans
C. Long-term loans
D. Venture capital for development projects

Question 60:

• JAMB 1993

Which of the following programmes in the monetary sector is aimed at enhancing the banking habit of the rural areas?

A. The deregulation of the banking system
B. The increase in the number of merchant banks
C. The community banking scheme
D. The deregulation of interest rate