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Money and capital markets - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Jamb Past Questions and Answers on Money and capital markets

Question 11:


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 12:


The major function of money market is to

A. Provide funds for long-term financing
B. Provide funds short-term financing
C. Stabilize the value of the local currency
D. Stabilize domestic prices


Question 13:


Long-term funds for investment projects are sourced from the

A. Money market
B. Commodity market
C. Foreign exchange market
D. Capital market






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