CSEC POB SECTION 8 BUSINESS FINANCE
Authored by Nadya Tilackdharry
Business
9th - 12th Grade
Used 13+ times
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a financial institution?
Supermarket
Commercial bank
Stock market
Insurance company
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A development bank primarily provides:
Long-term funding for business and economic projects
Short-term loans to individuals
Providing insurance policies
Mortgage financing
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial institution is a non-profit cooperative that provides lower-cost financial services to its members?
Credit union
Commercial bank
Mortgage company
Development bank
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The main function of a mortgage company is to:
Provide loans for purchasing property
Accept deposits and issue checks
Offer insurance policies
Regulate financial institutions
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A microfinance agency primarily provides financial services to:
Low-income individuals and small businesses
Large corporations
Government entities
Stock market investors
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The central bank is responsible for all the following EXCEPT:
Offering personal loans
Issuing banknotes
Setting interest rates
Acting as a lender of last resort
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The Jamaica Deposit Insurance Corporation (JDIC) was created to:
Protect depositors and maintain financial stability
Issue government bonds
Provide insurance for businesses
Regulate commercial banks
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