www.bbcnoun.com.ng ECO346 9/10 1. What is the name of the capital market apex regulatory authority in Nigeria? The Nigerian Securities and Exchange Commission (NSEC) 2. What is a market for trading of second hand securities. In this market holders of existing shares who wish to sell them can have contact with individuals or institutions interested in buying Secondary market 3. The followings are common money market instruments EXCEPT __ Treasury deposits 4. A commercial bank is a type of bank that provides services such as all of the following EXCEPT __ mortgage financing 5. Which of the following instruments is NOT traded in capital market overdraft 6. What is the apex regulatory authority of the Nigerian banking industry? CBN 7. Which of the following is NOT a basic attribute of an ideal financial system? Rigidity 8. Is NOT a feature of secured loans Collateral is involved 9. The capital market trades in ____ securities. long-term 10. The financial system is complex and includes all of the following EXCEPT ___ TETFUND