Financial Sector Regulations - Economics Jamb Past Questions and Answers

Question 1 :

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2 :

• JAMB 2019

Commercial bank reserves at the Central Bank____________

A. Advancing trade, prospects
B. Controlling credit and money supply
C. Reducing bank frauds
D. Discouraging banking operations

Question 3 :

• JAMB 1978

An increase in liquid reserve requirements by the central bank of Nigeria will result in

A. A reduction in commercial banks' excess reserves
B. More commercial bank loan to members of the public
C. An increase in commercial banks excess reserves
D. No change in commercial banks excess reserves
E. A reduction in central banks gold reserves

Question 4 :

• 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 5 :

• JAMB 1995

A bank is said to be distressed when it?

A. Is unable to deal with the Central Bank
B. Has a low level of capital base
C. Has low level of deposits
D. Experiences serious liquidity crisis