Email: bbcnoun@gmail.com
Whatsapp: 08131667008


BFN304


Question: The money market include ALL the following except;
Answer: [D] Overdraft

Question: The suppliers of funds include all the following institution and individual Except;
Answer: [D] Public Corporations

Question: The financial instrument being used in the capital market include all the following except;
Answer: [D] Treasury bills

Question: All the following are features of bank products except;
Answer: [C] Invariability

Question: Which of the following is not a major player in international financial market?
Answer: [D] Top commercial banks

Question: Which of the following is not a liability of a bank?
Answer: [C] Reserve funds

Question: Which of the following is not a peculiarity of Islamic banking?
Answer: [A] Low interest rate

Question: Which of the following is not a financial intermediary within Nigerian Financial sector?
Answer: [C] Central bank of Nigeria

Question: In the process of raising funds, the corporate entities and institutions make use of financial instruments except;
Answer: [C] Guarantee

Question: All the following reasons are adduced for financial instruments being traded in the financial markets that may not reach the stated maturity dates before they are terminated by the corporate entities except
Answer: [D] Emergencies