Challenges Facing Financial Institutions In Nigeria Jamb Economics Past Questions
Question 1
Bank consolidation policy in Nigeria is a measure to increase
- A. the capital base of banks
- B. employment opportunities in banks
- C. the number of shareholders
- D. the number of branches
Question 2
One of the challenges facing the banking industry in Nigeria is
- A. ensuring technological security
- B. providing employment
- C. providing loans for investment
- D. creating more money
Question 3
The reform in the banking sector in Nigeria is principally motivated by the need to
- A. increase the capital base of banks
- B. provide more money to run the economy
- C. minimize the rate of bank failures
- D. enhance efficiency in bank operations
Question 4
An important function of the World Bank is to
- A. provide short-run loans to members
- B. encourage trade between members
- C. promote capital-intensive production
- D. provide long-time loans to members
Question 5
Which of the following programmes in the monetary sector is aimed at enhancing the banking habit of the rural areas?
- A. The deregulation of the banking system
- B. The increase in the number of merchant banks
- C. The community banking scheme
- D. The deregulation of interest rate
