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Business Finance

Total questions: 12

Worksheet time: 9mins

Name
Class
Date
1.

A category of the economy made up of firms that provide financial services

a)

Business Finance

b)

Personal Finance

c)

Financial Sector

d)

Government Finance

2.

Which of the following is NOT an area of finance?

a)

Business Finance

b)

Personal Finance

c)

Cross-culture Finance

d)

Government Finance

3.

Which of the following is NOT another word for Sou Sou

a)

Sindicatos

b)

Money Lender

c)

Meeting Turn

d)

Box

4.

Select ALL the institutions that are part of the formal financial sector

a)

Commercial Banks

b)

Money Lender

c)

Sou Sou

d)

Credit Union

5.

Select ALL the institutions that are NOT part of the formal financial sector

a)

Commercial Banks

b)

Money Lender

c)

Sou Sou

d)

Credit Union

6.

The main function of the financial sector is to

a)

Give financial advice

b)

Mobilize funds between savers and borrowers

c)

Aid customers in fulfilling their lifelong dreams and aspirations

d)

Mitigate risks of customers

7.

Which institutions regulates the financial sector?

a)

The Ministry of Finance

b)

The Security and Exchange Commission

c)

The Central Bank

d)

The Banker's Union

8.

This market deals with long-term and medium term funding requirements

a)

Money Market

b)

Agro Market

c)

Black Market

d)

Capital Market

9.

This market is the LEAST riskiest in terms of investing funds

a)

Money Market

b)

Agro Market

c)

Black Market

d)

Capital Market

10.

Returns on investments are usually higher in this market

a)

Money Market

b)

Stock Market

c)

Black Market

d)

Capital Market

11.

A form of fraud which lures investors and pays profits to earlier investors by using funds obtained from more recent investors.

a)

Pyramid Scheme

b)

Ponzi scheme

c)

DSS Sou Sou

d)

Traditional Sou Sou

12.

A business model that recruits members via a promise of payments for enrolling others into the scheme

a)

Pyramid Scheme

b)

Ponzi scheme

c)

DSS Sou Sou

d)

Traditional Sou Sou