Merchant banks - Jamb Economics 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 1978

The Lagos clearing house is

A. A commodity market
B. An import licensing centre
C. Another name for the Lagos stock exchange
D. An insurance and underwriting centre
E. A cheque sorting centre