Financial Sector (CSEC)

Financial Sector (CSEC)

5th Grade - University

14 Qs

quiz-placeholder

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Financial Sector (CSEC)

Financial Sector (CSEC)

Assessment

Quiz

Business, Other

5th Grade - University

Practice Problem

Medium

Created by

Kerwin Alexander

Used 178+ times

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14 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All the firms involved in the provision of financial services.

Public Sector

Banking Sector

Financial Sector

Informal Sector

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The financial sector caters to:

Retail customers

Commercial customers

All of the above

None of the above

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a financial institution ?

Credit Union

Central Bank

Insurance Company

National Lotteries Control Board

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where persons come together to make regular periodic contributions to a common fund, which is then giving as a lump sum to one member in each cycle.

Blessing Circle

Blessing Loom

Sou Sou

Loan

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT another word for Sou Sou?

Blessing Circle

Sindicatos

Meeting Turns

Box

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is part of the INFORMAL financial sector?

Building Society

Sou Sou

Credit Union

Development Bank

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is TRUE about the INFORMAL financial sector?

It creates tax revenue

It has no cost savings

It forms a type of economic buffering

It is illegal

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