Category: BFN104 0 BFN104 1 / 50 The era of ___________ was marked by the exchange of goods and services for goods and services within and among the expanding families. Check 2 / 50 Chartered Institute of Bankers came into existence in year _________ Check 3 / 50 Micro finance banks source for funds from interest income, deposits&savings and ________ Check 4 / 50 The department of research and consultancy is made up of the following units except___________ library unit research unit Consultancy unit training unit 5 / 50 ________ has the main objective of enhancing the employee’s level of performance as well as make available suitably trained manpower to present and future needs. Check 6 / 50 The enforcement of the rules and regulation in Nigerian Banking system fall on the ________ Check 7 / 50 ________ is an unconditional order in writing addressed by one person to another, signed by the person giving it, requiring the person to whom it is addressed to pay on demand, or at a fixed determinable future time, a sum certain in money to or to the order of a specified person or bearer. Check 8 / 50 The era of ________ was marked by the simple ownership, possession and control of the natural resources Check 9 / 50 ___________is simply an irredeemable and inconvertible money that derives its power to circulate from the government backing. Check 10 / 50 Bankers Committee comprise of the__________of all licensed banks in Nigeria and is supervised by the Central Bank of Nigeria (CBN). Treasurers Head of Units Executive Director Chief Executive 11 / 50 Money is said to be _________if it could be acceptable in any part of the world. Durability Homogeneity Portability Convertible 12 / 50 The areas of CBN regulations includes the following except__________ Capital base statutory reserves Bank Obligations Debtor/Creditor relationship, bank size distribution Bank staff regulation 13 / 50 ________implies that a fifty naira note used in Lagos state should be identical to the one used in Benue state of Nigeria. Divisibility Portability Durability Homogeneity 14 / 50 _________ is money that is acceptable to the masses on the strength of government imprints on it. Check 15 / 50 The fact that there's something that could be acceptable as a medium of exchange for goods and/or services created room for___________ specialization. organisation none of the above transportation 16 / 50 The Chartered Institute of Bankers was registered in 1976 as _________ Check 17 / 50 _________endorsement is one which prohibits further negotiation of the bill Special endorsement Restrictive endorsement Blank endorsement Active endorsement 18 / 50 The National Secretariat is run on a directorate system under the direct administration of the _______ Check 19 / 50 The directorate of finance and administration is responsible for the management of all of the following except_________ personnel matters general administration finance of the Institute Technological development 20 / 50 The establishment of the___________provided the base for a monetary type of economy in Nigeria Nigerian Currency Board none of the above West African Currency Board (WACB) Central Bank of Nigeria 21 / 50 Industrial and Continental Bank (ICB) was established in __________ 1959 1929 1939 1979 22 / 50 A cheque is ________ where a cheque is specially crossed to a named banker with the addition of the word ‘only. Check 23 / 50 The types of money are pure money, token money and __________ Check 24 / 50 Bankers Committee is supervised by the ________ Check 25 / 50 __________ activities focused on Corporate lending, General Management, Advance finance and Accounting and Corporate Planning Check 26 / 50 Manpower development is usually done through all of the following except_________ in-service or part time training formal (full-time) training in tertiary institutions seminars School reports 27 / 50 The Era of _________ is an era that actually came to resolve of the problems posed by the barter system. Check 28 / 50 A __________ is an unconditional promise in writing made by one person to another, signed by the maker, engaging to pay, on demand or at a fixed or determinable future time a sum certain in money, to or to the order of a specified person or to bearer. Check 29 / 50 The Bankers Committee came into being in _______ 1980 1982 1979 1971 30 / 50 _________ is the effective deployment of ICT by Banks Check 31 / 50 __________are those money market instruments that can be easily converted into cash without loss in value. Quasi or near money Token money money Paper money Full bodied 32 / 50 The Bankers Committee came into being in ________ Check 33 / 50 The concept of e-money in Nigeria was introduced in _________ Check 34 / 50 ______is the effective deployment of ICT by Banks Treasury Operations E-Banking Investment Banking Banking Operations 35 / 50 Bankers Committee comprise of the __________of all licensed banks in Nigeria Check 36 / 50 _________is the payee, or endorser of a Bill or Note, who is in possession of it or bearer thereof Check 37 / 50 The profits of a bank are the portion of its total receipts which include the following except_______ Commission Share capital discount interest dividends 38 / 50 Banking in Nigeria started in ________ with the establishment of a branch of African Banking Corporation in Lagos 1867 1879 1892 1854 39 / 50 Capacity building has become a major concern of the ___________ industry Check 40 / 50 __________ is when money is used every second, minute and hour to effect payments all over the world. Divisibility Durability Homogeneity Portability 41 / 50 _________ are those measures taken by the monetary authorities to control the cost, quality and direction of credit to achieve national objectives. Check 42 / 50 _________refers to definitions of a bank and banking business according to abrogated 1969 Banking decree Check 43 / 50 _________implies that the money should be capable of being recognized at any time, place by both the adults and children. Homogeneity Durability Portability Cognizeability 44 / 50 Monetary policy circular is a booklet published annually by __________ Check 45 / 50 _________ endorsement is one which prohibits further negotiation of the bill Check 46 / 50 _________ is a type of cheque crossing which has no statutory significant and non-binding on the paying banker and do not affect the transferability or negotiability of the cheque. Check 47 / 50 __________is the beneficiary of the proceed of the cheque i.e. the person who will receive the face value of the cheque. Check 48 / 50 The enforcement of the rules and regulation in Nigerian Banking system fall on the ________ Check 49 / 50 The Directorate of Education and Consultancy is made up of all of the following except_________ Department of Research and Con Administrative Department Training Department of Examination 50 / 50 _________ activities focused on Corporate lending, General Management, Advance finance and Accounting and Corporate Planning Bankers Committee Financial Institution Training Centre Financial Planning Unit Micro Finance Bank Restart quiz Rate this quiz Send feedback
