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2356
which of the following is specialized in lending money for the purpose of developing real estate?
  • A. merchant banks
  • B. mortgage banks
  • C. discount houses
  • D. commercial banks
View Answer & Discuss WAEC 2009
2357
The marketing of government security by the Central Bank is termed
  • A. retail banking
  • B. open market operation
  • C. selective credit control
  • D. credit creation
View Answer & Discuss WAEC 2009
2358
which of the following serves as a banker's bank?
  • A. Commercial banks
  • B. The Mortgage Bank
  • C. The Central Bank
  • D. Development Bank
View Answer & Discuss WAEC 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
2359

The tax imposed on good manufacture within a country is

  • A. an excise tax
  • B. a capital gain tax
  • C. profit tax
  • D. a sales tax
View Answer & Discuss (2) WAEC 2009
2360
Government expenditure on the construction of roads and bridges is
  • A. recurrent expenditure
  • B. capital expenditure
  • C. supplementary expenditure
  • D. variable expenditure
View Answer & Discuss WAEC 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts