How to login to NOUN Elearn Portal
You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
COURSE CODE: BFN 737 CREDIT UNIT: 2
COURSE TITLE: MICRO AND SMALL BUSINESS FINANCING
TIME ALLOWED: 2 HOURS
Instructions:
(b) Mention any FIVE challenges of small scale businesses in Nigeria. (15 Marks)
(C) Differentiate between “finance lease” and “operating lease” (5 Marks)
[Total Marks = 30 Marks]
2. (a) Enumerate any THREE objectives of microfinance policy in Nigeria. (12 Marks)
(b) List and explain any FOUR short-term sources of finance you know. (8 Marks)
[Total Marks = 20 Marks]
I. Meaning
II. Term
III. Risk
IV. Return
V. Nature of return
VI. Collateral (12 Marks)
(b) Trace the Prospects of microfinance in Nigeria. (8 Marks)
[Total Marks = 20 Marks]
4. (a) What is small business? (4 Marks)
(b) What is capital? (4 Marks)
(c) Briefly explain the following:
I. Capital asset
II. Working capital
III. Goodwill
IV. Transaction cost (12 Marks)
[Total Marks = 20 Marks]
(b) Explain the following concepts:
i. Financial Risk
ii. Speculative Risk
iii. Exchange Rate Risk
iv. Strategic Risk
v. Liquidity Risk (15 Marks)
[Total Marks = 20 Marks]
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You can now use you matric number to login as your username and password in a lowercase.
https://elearn.nouedu2.net/login/
Note that you are to change your passw...
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