Discounting bills
Banks rate
Granting overdrafts
Acting as lender of last resort
Acting as banker to commercial banks
Correct answer is B
No explanation has been provided for this answer.
When a cheque has special crossing it should be?
cashed by the drawer
cashed over counter
Paid into a named bank
paid to the drawee
paid into Central Bank
Correct answer is C
No explanation has been provided for this answer.
Which of the following institutions provides the volume of credit to the public?
Building societies
Mail order business
Department stores
Finance houses
Bank
Correct answer is B
No explanation has been provided for this answer.
Which of the following is the the main aim of the Indigenization Decree?
alleviate the effect of inflation
eliminate foreigners from Nigerian economy
remove all obstacles to commercial activities
allow Nigerians greater participation in commercial activities
alleviated the effect of depressed economy
Correct answer is D
No explanation has been provided for this answer.
An important marketing concept is that all company planning and operations should be?
profit-oriented
company-oriented
organization-oriented
dividend-oriented
customer-oriented
Correct answer is E
No explanation has been provided for this answer.