Financial Institutions - Jamb Economics Past Questions and Answers

Question 91:

• JAMB 2005

The regulatory authority of the capital market in Nigeria is the

A. Central Bank
B. Securities and Exchange Commission
C. Nigerian Deposit Insurance Corporation
D. Stock Exchange Market

Question 92:

• JAMB 2005

Above full employment level, an expansionary monetary policy will lead to a

A. Decrease in aggregate supply
B. Fall in the inflation rate
C. Rise in the inflation rate
D. Fall in aggregate demand

Question 93:

• JAMB 2005

A discount house is a market where

A. Various bills are exchanged
B. Short-term and medium-term loans are obtained
C. Shares are bought and sold
D. Short-term loans are obtained

Question 94:

• JAMB 2005

The savings deposit in a commercial bank is called

A. Capital
B. Fund
C. Near
D. Money
E. Call money

Question 95:

• JAMB 2006

The major role of NDIC is to

A. Insure bank deposits
B. Regulate the activities of insurance companies
C. Ensure adequate capitalization of insurance companies
D. Accept customers' deposit