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5Points Quiz

What is Marginal Propensity to Save?

        A.   The additional disposable income that is received

        B.  The fractional total income that is consumed

        C.  The additional disposable income that is saved i.e. not consumed

        D.  The additional disposable income that is consumed

Answer: C

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What do you understand by Average Propensity to Save?

        A.   It is the proportion of total income that is saved

        B.   It is the proportion of disposable income that is consumed

        C.   It is the proportion of disposable income that is invested

        D.  It is the proportion of disposable income that is saved

Answer: D

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How do you define Saving?

        A.  The difference between the productive and monetary secors

        B.   The amount of money in one's bank account

        C.   The difference between disposable income and consumption

        D.   The total amount of money in circulation at a point in time

Answer: C

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What's Negotiable Certificate of Deposit?

        A.   This is short term instrument sold by banks to depositors

        B.   It's a document banks issue to large-sum depositors

        C.   It's a certicate issued by the CBN to Commercial Banks to collect deposits from customers

        D.   This is long term instrument sold by banks to depositors

Answer: A

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What is Interbank Market?

        A.   It is an arrangement that enables banks to balance their liquidity position

        B.   It's a market where commercial banks trade on deposits

        C.   It's an arrangement for monitoring Commercial Bank activities by CBN

        D.  None of A-C

Answer: A

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Who are the marketers of commercial papers?

        A.   Merchant Banks

        B.   Marketing Companies

        C.   Individuals

        D.   Commercial Banks

Answer: D

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What is Commercial Paper?

        A.   Short term unsecured prommissory note

        B.   Document issued by Commercial Banks

        C.   It's a security document issued by the Central Bank

        D.   None of A-C

Answer: A

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Which is not a type of investment?

        A.   Fixed Investment

        B.   Moveable Investment

        C.   Inventory Investment

        D.   Replacement Investment

Answer: B

For More Quiz Questions click here to download Global Quiz on Google PlayStore


For More Quiz Questions click here to download Global Quiz on Google PlayStore


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