One of the main objectives of the Second-tier Securities Market in Nigeria is to
achieved a realistic exchange rate for the naira
eliminate currency dealings in the black market
assist companies to raise capital
attract investment flow
Correct answer is D
No explanation has been provided for this answer.
The main factors that determine the value of a stock on the stock Exchange are dividend and
the psychology of the market
capital gain
capital appreciation
warrant payment
Correct answer is C
No explanation has been provided for this answer.
The Nigerian Stock Exchange publishes a daily official list that gives full information on the?
method of transation agreed to by members
number of participating members in a day
changes in the prices and earnings of securities
changes in the official rules set by the market
Correct answer is C
No explanation has been provided for this answer.
One major characteristic of credit unions and thrift societies is that?
the legal processes involved in their formation are rigid
membership is compulsory to people in the same line of business
the contribution of every member depends on the member's ability
a minimum of ten people in the same line of business can form the union
Correct answer is C
No explanation has been provided for this answer.
The significance of money to modern economic system is that it?
is used as a means of payment
promotes specialization and exchange
measures value and promotes exchange
causes inflation in the economy
Correct answer is C
No explanation has been provided for this answer.