A. It's the total amount of money one has in the bank
B. It is the sacrifice of certain economic resources for future uncertain benefits in terms of resources
C. It is the total deposits received by an Investment Bank
D. It is the difference between Income and saving
Answer: B
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A. 7 days to 30 days
B. 1 week to 6 weeks
C. 30 days to 90 days
D. 90 days to 180 days
Answer: C
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A. The Central Bank of Nigeria
B. Commercial Banks
C. Government Treasuries
D. Merchant Banks
Answer: A
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A. loans banks provide for business
B. the provision of venture capital
C. long term financing
D. short term financing
Answer: D
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A. Bureau De Change
B. International Monetary Fund
C. Central Bank of Nigeria
D. Merchant Banks
Answer: B
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A. Treasury certificates
B. Negotiable Certificate of Deposit
C. Long term repurchase agreement
D. Bankers Unit Fund
Answer: C
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A. Total money in the banking system
B. Total amount of money in the vault of Central Bank of Nigeria
C. Refers to the several of a country's money supply
D. Summation of money with the populace
Answer: D
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A. Instantaneous and borderless transactions
B. More acceptable in Nigeria
C. It increases the networth of the holder
D. Confers more authority to spend on the holder
Answer: A
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