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BACT 3001 - Week 1

Authored by Onyinyechi Ebirim

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BACT 3001 - Week 1
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

______ is a market for old issues.

Money market

Capital market

Primary market

Secondary market

2.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Which of the following is a financial asset?

Gold

Share

Silver

Land

3.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Money market deals with _____ instruments.

Long term

Medium term

Short term

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

_______ is an important instrument of short term borrowing by the government.

National saving certificate

Bonds

Treasury bills

All of the above

5.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Financial institutions are also known as ________.

Financial organisation

Financial intermediaries

Financial system

All of the above

6.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

Which is not a component of financial system?

Financial intermediaries

Financial service

Financial management

Financial market

7.

MULTIPLE CHOICE QUESTION

30 sec • 10 pts

The structure that is available in an economy to mobilise the capital from various surplus sectors of the economy and allocate and distribute the same to the various needy sectors is known as _________.

Economic environment

Financial environment

Financial system

Financial market

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