Financial Sector (CSEC)
Quiz
•
Business, Other
•
5th Grade - University
•
Practice Problem
•
Medium
Kerwin Alexander
Used 178+ times
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14 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
All the firms involved in the provision of financial services.
Public Sector
Banking Sector
Financial Sector
Informal Sector
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The financial sector caters to:
Retail customers
Commercial customers
All of the above
None of the above
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a financial institution ?
Credit Union
Central Bank
Insurance Company
National Lotteries Control Board
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Where persons come together to make regular periodic contributions to a common fund, which is then giving as a lump sum to one member in each cycle.
Blessing Circle
Blessing Loom
Sou Sou
Loan
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT another word for Sou Sou?
Blessing Circle
Sindicatos
Meeting Turns
Box
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is part of the INFORMAL financial sector?
Building Society
Sou Sou
Credit Union
Development Bank
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is TRUE about the INFORMAL financial sector?
It creates tax revenue
It has no cost savings
It forms a type of economic buffering
It is illegal
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