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531
Which of the following is a development bank in Nigeria?
  • A. Union Bank Plc
  • B. First Bank Plc
  • C. First City Monument Bank
  • D. Federal Mortgage Bank
View Answer & Discuss JAMB 2006
532
Trading on the stock exchange in anticipation of price change in the market value of shares is?
  • A. speculation
  • B. forecasting
  • C. expectation
  • D. projection
View Answer & Discuss JAMB 2006
533
A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
  • A. subsidiary company
  • B. holding company
  • C. trusth
  • D. cartel
View Answer & Discuss JAMB 2006
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534

A current account is beneficial to its holder as?

  • A. cheques can be issued to anybody
  • B. customers cannot withdraw frequently
  • C. it is only the holder that can make withdrawals
  • D. it allows customers the use of passbooks
View Answer & Discuss (1) JAMB 2006
535
The conversion of raw materials into finished products creates?
  • A. form utility
  • B. marginal utility
  • C. place utility
  • D. time utility
View Answer & Discuss JAMB 2006
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