Financial Sector Regulations Jamb Economics Past Questions
Question 1
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 2
The minimum amount which banks are required to deposit with the central bank is determined by the
- A. liquidity ratio
- B. cash reserve ratio
- C. minimum lending rate
- D. aggregate credit ceiling
Question 3
Long-term funds for investment projects are sourced from the
- A. money market
- B. commodity market
- C. foreign exchange market
- D. capital market
Question 4
If the required reserves of a bank is 20% and N10 000 is paid into its demand deposit account, what is the excess reserves?
- A. N2000
- B. N18 000
- C. N12 000
- D. N8 000
Question 5
The downturn in the prices of shares on stock markets is a highlight of
- A. efficient allocation of resources
- B. the invisible hand
- C. the regulatory nature of the market
- D. consumer rationality
