A. Due to lack of proper regulation and control
B. Poor expertise by the operators
C. There were just too many banks
D. There were just too many banks
Answer: A
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A. Anybody could float a bank
B. No condition was required to operate a bank
C. 1952 marked the beginning of banking in Nigeria
D. The only requirement for banking operations was the registration in line with the Companies (Banking) Ordinance
Answer: D
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A. Banking is supposed to be done secretly
B. Banking transaction should be done in a secure environment
C. Banking is done in trust
D. Banking transaction should be done fairly
Answer: C
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A. Payment through cheque
B. Cashless policy
C. Credit purchase
D. Trade by barter
Answer: B
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A. How wealth moves about
B. Moving money from one bank branch to another
C. Payment for transactions through the bank
D. Payment across the counter
Answer: A
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A. Deposit taking
B. Safekeeping of financial assets
C. Creation of wealth
D. Printing of currencies
Answer: D
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For More Quiz Questions click here to download Global Quiz on Google PlayStore
A. Pass your examination
B. Use and apply the knowledge gained
C. Become an expert in Banking and Finance
D. Be able to contribute to the development of scholarly thoughts
Answer: C
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For More Quiz Questions click here to download Global Quiz on Google PlayStore
For More Quiz Questions click here to download Global Quiz on Google PlayStore
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The Flemish Ministry of Education and Training awards scholarships to highly talented international students who want to study a master's programme at a Flemish university, a school of arts or ...
Universities of the Coimbra Group offer short-term visits (generally 1 to maximum 3 months) to young African researchers from higher education institutions from Sub-Saharan Africa. The main aim of ...
