CLEAN : Rates currency stability priorities for new Nigerian bank chief

CLEAN : Rates currency stability priorities for new Nigerian bank chief

Assessment

Interactive Video

Business, Economics, Social Studies

10th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses Nigeria's high Treasury bill rates compared to other emerging markets and outlines a plan to gradually reduce interest rates. It aims to enhance financial access and lower credit costs by aligning Nigeria's Treasury bill rates with those of other emerging markets, ultimately reducing both deposit and lending rates.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of Nigeria's economic strategy as mentioned in the first section?

Increase interest rates

Gradually reduce interest rates

Maintain current interest rates

Eliminate interest rates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are mentioned as part of the macroeconomic comparison with Nigeria?

South Africa, Brazil, India, China, Malaysia

USA, UK, Germany, France, Japan

Kenya, Egypt, Ghana, Morocco, Algeria

Australia, New Zealand, Canada, Mexico, Argentina

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is highlighted about Nigeria's Treasury bill rates in the comparison?

They are the lowest among emerging markets

They are the highest among emerging markets

They are average compared to emerging markets

They are not mentioned in the comparison

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the aim of the policies discussed in the final section?

To maintain Nigeria's Treasury bill rates

To eliminate Nigeria's Treasury bill rates

To make Nigeria's Treasury bill rates more competitive

To increase Nigeria's Treasury bill rates

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Besides making Treasury bill rates competitive, what other financial aspect is targeted for reduction?

Government spending

Deposit and lending rates

Tax rates

Inflation rates