Email: bbcnoun@gmail.com Whatsapp: 08131667008 ECO346 Question: Which of the followings is not among the main attributes of an ideal financial system? Answer: perfect Question: Which of the followings is not among the instalments of monetary policy used by Central Bank of Nigeria? Answer: none of the options Question: Which of the followings is not among the instalments of monetary policy used by Central Bank of Nigeria? Answer: none of the options Question: Bank of Nigeria was established in 1956 and initially known as the Nigerian Building Society (NBS). Answer: Mortgage Question: Unsecured loans are monetary loans that are not secured against the borrowerYs ? Answer: assets Question: All of the followings constitute liabilities in the balance sheet of a commercial bank except? Answer: cash in hand Question: banks provide finance for the development of the housing sector. Answer: Development Question: The two main sides of a commercial bankVs balance sheet are the and the assets. Answer: liabilities Question: An occurs when money is withdrawn from a bank account and the available balance goes below zero. Answer: overdraft Question: A merchant bank deals with the commercial banking needs of international finance, long-term company loans, and stock ? Answer: underwriting Question: involves the provision of financial services to the poor and the low income segment of society. Answer: Microfinance Question: One of the earlier defination of Merchant Bank is contained in the Nigerian Banking Amendment Decree (No.88) of ? Answer: 1979 Email: bbcnoun@gmail.com Whatsapp: 08131667008