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Chap 15 Eco Test
Chap 15 Eco Test
Levels
------------------------------------------------------------------------------------------------------------------------------------------------MM : 38
Banks
Time : 1.5 hour
Instructions
Answer all questions
------------------------------------------------------------------------------------------------------------------------------------------------Q1.Define the following:
[8]
(a)Joint bank
(b)Retail bank
(c)High street bank
(d)Commercial banks
Q2.Discuss any four main functions of a commercial banks.
[6]
Q3.Discuss any three aims of a commercial bank.
[6]
Q4.Discuss any three differences between Investment bank and savings bank.
[6]
Q5.Define a central bank.
[2]
Q6.Discuss any five functions of a central bank.
[10]
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