BFN304 Solutions

BFN304 Tma Solutions

1. Ordinary shares is a unit of equity found in ….market

shares market

equity market

ordinary market

—>> capital market

2. The secondary market trades on the ….of the stock exchange

future stocks

old stocks

project stocks

—>> Existing stocks

3. Stocks and bonds are usually traded in …market

social market

developed market

—>> primary market

money market

4. Accepting deposits and granting loans are functions of…..

—>> commercial banks

mortgage bank

central bank

cooperative Bank

5. Stock brokerage business for clients are done by …..bank

international bank

—>> merchant bank

wealthy individuals bank

bank of agric

6. Financial securities in form of Treasury bills are often traded in …market

secondhand market

buyers market

—>> money market

project market

7. Typical bank balance sheet present ….as liability

bills payable

—>> cash in hand

cash at bank

pills in arrears

8. In financial market, O.M.O is refered to as…..

Offer Money Operation

—>> Open Market Operation

Open Money Operation

Order Market Operation

9. Central bank doesn’t function as a …. Institution

free

profit making

—>> business

commercial

10. The financial institution involved in the development and welfare of the populace is.

capital market

central bank

—>> development bank

money market

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