EXAMSHARE

Western Delta University, Oghara Delta State

department of accounting and finance
college of social and management sciences
western delta university

second semester examination 2022/2023 session

BFN102 - element of banking II time: 2hrs

attempt all questions in section A and any FIVE from section B

  1. Section A: Multiple Choice Questions

    1. This is the practice of commercial banks to extend _______ facilities to desired customers (a) advance (b) credits (c) money (d) borrowing
    2. The main function of bank manager does not include one of the following? (a) risk management (b) financing decision (c) dividend decision (d) credit finance
    3. _______ means more than two bank to come together to finance a project (a) sendication finance (b) double finance (c) long finance (d) credit finance
    4. _______ is part of payment system instrument except (a) ATM (b) POS (c) note and coins (d) teller
    5. Central Bank of Nigeria (CBN) was established under the Central Bank Act 1958 and commenced operations in _______ (a) 1958 (b) 1957 (c) 1956 (d) 1959
    6. One of the following is NOT financial intermediation process a key to financial institution. (a) merchant bank (b) debenture (c) mortgage (d) block
    7. One of the following is NOT short term sources of Finance (a) trade credit (b) hire - purchase (c) seed money (d) loan
    8. Which of the following is NOT a long term sources of fund? (a) stock (b) equity share (c) loan (d) money
    9. One of the following is not a commercial bank in Nigeria (a) first bank (b) fidelity bank (c) money bank (d) wema
    10. The commencement of insurance business in Nigeria dates back to _______ (a) 1921 (b) 1935 (c) 1928 (d) 1955
    (2 marks each) (20 marks)

  2. Section B: Answer Any FIVE Questions Only

    1. Explain five policy objectives and goals of microfinance banking (10 marks)
    2. Highlight the recet measures taken in improving payment system (10 marks)
    3. What is insurance? List six types of insurance (10 marks)
    4. Explain the process of analyzing a commercial risk (10 marks)
    5. Differentiate between Money Market and Capital Market (10 marks)
    6. What are the problems of payment system in Nigeria (10 marks)
    7. List and explain five suitability for banking lending (10 marks)
    8. Write short notes on the following:
      1. Discount house
      2. Commercial papers
      3. Treasury bill
      4. Banker acceptance
      (10 marks)