JAMB Economics · National income, money and public finance
Financial institutions: JAMB Economics Past Questions and Answers
What the JAMB syllabus covers in Financial institutions
Our summary: Banks and other financial institutions, money and capital markets, money creation and monetary policy in Nigeria.
- Types and functions of financial institutions (traditional, central bank, mortgage banks, merchant banks, insurance companies, building societies)
- The role of financial institutions in economic development
- Money and capital markets
- Financial sector regulations
- Deposit money banks and the creation of money
- Monetary policy and its instruments
- Challenges facing financial institutions in Nigeria
Objectives
- identify the types and functions of financial institutions;
- explain the roles of financial institutions in economic development;
- distinguish between the money and capital markets;
- identify the various financial sector regulators and their functions;
- explain the money creation process and its challenges;
- examine the various monetary policy instruments and their effects;
- appraise the challenges facing the financial institutions in Nigeria.
Syllabus content © The Joint Admissions and Matriculation Board (UTME).
JAMB Economics questions on Financial institutions
- JAMB 2024Stock exchange market deals with
- JAMB 2023Institutions serving as links between surplus and deficit units can be identified as
- JAMB 2023Which of the following is an example of expansionary monetary policy by the Central Bank of Nigeria?
- JAMB 2022Commercial banks are different from development banks in that the latter
- JAMB 2022The use of the bank rate, cash ratio and open market operations constitute
- JAMB 2022If the Central Bank increases its bank rate
- JAMB 2022What happens when the central bank increases the bank rate in an economy
- JAMB 2022The stock exchange is an example of the
- JAMB 2020Which of the following is used by the central bank to control the rate of interest
- JAMB 2020To control inflation, the monetary authorities of a country can
- JAMB 2020The Nigerian bank for commerce and industry is?
- JAMB 2020One of the techniques of monetary control used by the central bank of Nigeria is
- JAMB 2019Restrictive monetary policy is designed to curtail aggregate demand and to overcome …
- JAMB 2019An Instrument used by the central bank to fix commercial and merchant banks total credit to domestic economy is …
- JAMB 2018The bank type responsible for the formulation of rules and regulations guiding the banking industry is known as?
- JAMB 2018Commercial bank reserves at the Central Bank …
- JAMB 2018Mortgage banks give loans to investors on a long term basics to …
- JAMB 2018A capital market differs from the money market in that in the former … ?
- JAMB 2017Which of the following institutions does not operate in the money market?
- JAMB 2017Which of the following is NOT an instrument in the money market?
- JAMB 2017A partnership sourcing for funds to expand its business would approach …
- JAMB 2016Which of the following is NOT among the financial institutions in Nigeria?
- JAMB 2016The interest charged on loans is determined by the … ?
- JAMB 2015The financial institution known as a building society is
- JAMB 2015A commercial bank can create money by
Years with Financial institutions questions in DeeepSolve's question bank
From the past questions DeeepSolve holds, not a count of everything the exam body has set.
- 2024
- 2023
- 2022
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015