Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Friday, 22 November 2024

RegisterLogin

Financial Institutions - Jamb Economics Past Questions and Answers

Exam year:
Question type:
Topics:

Jamb Economics Past Questions

Jamb Past Questions and Answers on Financial Institutions

Question 11:


Which of the following institutions does not operate in the money market?

A. Central bank
B. Mortgage banks
C. Money deposit banks
D. Insurance companies


Question 12:


The interest charged on loans is determined by the __________?

A. Exchange rate
B. Fiscal policy
C. Risk associated with the loan
D. Rate of production in the country


Question 13:


Which of the following is NOT among the financial institutions in Nigeria?

A. Federal Mortgage Bank
B. Microfinance Banks
C. Insurance Banks
D. Federal Ministry of Finance


Question 14:


The financial institution known as a building society is

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


Question 15:


A commercial bank can create money by

A. Issuing currency
B. Increasing cash ratio
C. Issuing cheque
D. Lending to borrowers






AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy