Financial Institutions - Jamb Economics Past Questions and Answers

Question 71:

• JAMB 1999

Non-bank financial intermediaries do not?

A. Provide credit facilities
B. Accept deposits
C. Accept demand deposits
D. Sell shares

Question 72:

• JAMB 1999

Bills of exchange originates from a?

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

Question 73:

• JAMB 2000

Two principal ways by which banks can lend money to their customers are through?

A. Loans and overdrafts
B. Loans and discounting bills
C. Overdrafts and cheques
D. Overdraft and treasury bills

Question 74:

• JAMB 2000

A capital market differs from the money market in that in the former?

A. Loan sought is short term
B. Loan reayment is guaranteed
C. Loan sought is long term
D. The percentage of interest chargedis more

Question 75:

• JAMB 2001

The raising of funds by selling stocks to the public is called?

A. Equity financing
B. Stock financing
C. Debt financing
D. Loan financing