ECO444 Past Questions

ECO444

Financial intermediation involves partly fund allocation to
Answer: ssu

The accronym DSU imply
Answer: deficit spending unit

The Bank for International Settlements was established in
Answer: 1930

One of the following functions of money affected by inflation
Answer: standard for deffered payment

The accronym SSU means
Answer: surplus spending unit

One of the following functions of money affected by inflation
Answer: standard for deffered payment

Financial intermediation include all except
Answer: money control

The total amount of bank notes and coins in circulation plus currency reserve held by the commercial banks is referred to as
Answer: high powered money

One of these is not an objective of credit control performed by the Central Bank of Nigeria
Answer: supplying liquidity

A financial institution that is not supervised by any banking regulatory agency is referred to as
Answer: non bank finacial institution

Financial intermediation involves in part, fund mobilisation from
Answer: dsu

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