ECO346
Question: is the lender of last resort and the initiator and executor of monetary policy in Nigeria.
Answer: Central Bank
Question: The capital market deals with borrowing and lending of funds and securities.
Answer: long-term
Question: The Nigerian Securities and Commission is an important institution in the capital market.
Answer: Exchange
Question: The component of financial market that sells securities with maturity of one year or less is called ?
Answer: money market
Question: is a market for trading of second hand securities.
Answer: Secondary market
Question: Which of the following is a type of financial institution?
Answer: all of the options
Question: A is an institutional arrangement that transfer savings from those who generate them to those who use them for investment.
Answer: financial system
Question: also mobilize funds from savers and lend same to to borrowers.
Answer: Commercial Banks
Question: Which of the following is one of the instruments used in the primary market?
Answer: all of the options
Question: Which of the followings is not among the main attributes of an ideal financial system?
Answer: perfect
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