Central Bank – Knowsia

PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools

Comparison of monetary and fiscal policy and identification of key monetary policy tools used in Ghana.

Question

a) Monetary policy and fiscal policy are two different tools that have an impact on the economic activity of a country. Policy adjustments and institutional safeguards are needed to ensure that the two policies remain firmly within the region of stability.

Required:

i) Distinguish between Monetary Policy and Fiscal Policy.

ii) State FOUR monetary policy tools used in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Economic Stability, Fiscal Policy, Government Spending, Monetary Policy, Taxation
Level: Level 2

Topic: Overview of the Ghanaian Tax System and Fiscal Policy
Series: Nov 2024

PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector

Identify benefits, challenges, and roles under the TSA scheme for MDAs and State Accountant-Generals.

Question

Treasury Single Account (TSA) is one of the financial policies being implemented by the Federal Government of Nigeria to consolidate all inflows from all Ministries, Departments, and Agencies (MDAs) by way of deposit into Commercial Banks, traceable into a single account at the Central Bank of Nigeria.

You are required to identify:

a. FIVE benefits associated with the financial policy. (5 Marks)

b. FIVE challenges inherent in operating the financial policy. (5 Marks)

c. FIVE roles and responsibilities of Ministries, Departments, and Agencies (MDAs) under the TSA scheme in Nigeria. (5 Marks)

d. FIVE roles and responsibilities of State Accountant-Generals under the TSA scheme in Nigeria (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Financial Consolidation, Financial Policy Challenges, MDAs, Treasury Single Account
Level: Level 2

Topic: Treasury Management in the Public Sector
Series: MAY 2017

BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking

Explain the functions of the Central Bank of Nigeria.

Question

The Central Bank of Nigeria is created by statute to superintend monetary affairs. Explain FIVE functions of the Bank.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Central Bank, Functions
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2012

BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking

Identifying the apex bank in Nigeria that issues monetary policy circulars.

Question

The apex bank in Nigeria that issues Monetary Policy circulars is ………………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Monetary Policy
Level: Level 1

Topic: Law Relating to Banking
Series: NOV 2011

PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector

Enumerate responsibilities of participants in the smooth operation of the Treasury Single Accounts (TSA).

Question

Enumerate THREE responsibilities for each of the following participants in the smooth operation of the Treasury Single Accounts (TSA):

i. Central Bank of Nigeria (3 Marks)
ii. Deposit Money Banks (3 Marks)
iii. Service Providers (3 Marks)
iv. Office of the Accountant General of the Federation (3 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountant General, Central Bank, Deposit Money Banks, Service Providers, Treasury Single Account
Level: Level 2

Topic: Treasury Management in the Public Sector
Series: NOV 2021

BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking

Identifying non-functions of the Central Bank of Nigeria.

Question

Which of the following is NOT a function of the Central Bank of Nigeria?
A. Issuing and distribution of Nigerian currency
B. Issuing and dealing in shares and debentures
C. Management of Nigeria’s external reserves
D. Promotion of monetary stability
E. Banker and financial adviser to government

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Financial Functions, Multiple Choice
Level: Level 1

Topic: Law Relating to Banking
Series: NOV 2015

BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking

Question testing knowledge of the reporting limits for foreign exchange transactions under the Money Laundering Act.

Question

Under the Money Laundering (Prohibition) Act, what is the limit of foreign exchange in a single transfer that must be reported to the Central Bank of Nigeria?
A. $10,000
B. $20,000
C. $50,000
D. $100,000
E. $500,000

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Financial Regulation, Foreign Exchange, Money laundering
Level: Level 1

Topic: Law Relating to Banking
Series: MAR/JULY 2020

BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-

This question asks candidates to state four principal functions of the Central Bank of Nigeria under its enabling Act.

Question

d. The Central Bank of Nigeria is the banker’s bank.

Required:
State FOUR principal functions of the Central Bank of Nigeria under its enabling Act. (6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Financial Regulation, Monetary Policy
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2024

PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools

Comparison of monetary and fiscal policy and identification of key monetary policy tools used in Ghana.

Question

Required:

i) Distinguish between Monetary Policy and Fiscal Policy.

ii) State FOUR monetary policy tools used in Ghana.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Economic Stability, Fiscal Policy, Government Spending, Monetary Policy, Taxation
Level: Level 2

Topic: Overview of the Ghanaian Tax System and Fiscal Policy
Series: Nov 2024

PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector

Identify benefits, challenges, and roles under the TSA scheme for MDAs and State Accountant-Generals.

Question

You are required to identify:

a. FIVE benefits associated with the financial policy. (5 Marks)

b. FIVE challenges inherent in operating the financial policy. (5 Marks)

c. FIVE roles and responsibilities of Ministries, Departments, and Agencies (MDAs) under the TSA scheme in Nigeria. (5 Marks)

d. FIVE roles and responsibilities of State Accountant-Generals under the TSA scheme in Nigeria (5 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Financial Consolidation, Financial Policy Challenges, MDAs, Treasury Single Account
Level: Level 2

Topic: Treasury Management in the Public Sector
Series: MAY 2017

BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking

Explain the functions of the Central Bank of Nigeria.

Question

The Central Bank of Nigeria is created by statute to superintend monetary affairs. Explain FIVE functions of the Bank.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Business Law, Central Bank, Functions
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2012

BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking

Identifying the apex bank in Nigeria that issues monetary policy circulars.

Question

The apex bank in Nigeria that issues Monetary Policy circulars is ………………………

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Monetary Policy
Level: Level 1

Topic: Law Relating to Banking
Series: NOV 2011

PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector

Enumerate responsibilities of participants in the smooth operation of the Treasury Single Accounts (TSA).

Question

Enumerate THREE responsibilities for each of the following participants in the smooth operation of the Treasury Single Accounts (TSA):

i. Central Bank of Nigeria (3 Marks)
ii. Deposit Money Banks (3 Marks)
iii. Service Providers (3 Marks)
iv. Office of the Accountant General of the Federation (3 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Accountant General, Central Bank, Deposit Money Banks, Service Providers, Treasury Single Account
Level: Level 2

Topic: Treasury Management in the Public Sector
Series: NOV 2021

BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking

Identifying non-functions of the Central Bank of Nigeria.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Financial Functions, Multiple Choice
Level: Level 1

Topic: Law Relating to Banking
Series: NOV 2015

BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking

Question testing knowledge of the reporting limits for foreign exchange transactions under the Money Laundering Act.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Central Bank, Financial Regulation, Foreign Exchange, Money laundering
Level: Level 1

Topic: Law Relating to Banking
Series: MAR/JULY 2020

BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-

This question asks candidates to state four principal functions of the Central Bank of Nigeria under its enabling Act.

Question

d. The Central Bank of Nigeria is the banker’s bank.

Required:
State FOUR principal functions of the Central Bank of Nigeria under its enabling Act. (6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Banking Law, Central Bank, Financial Regulation, Monetary Policy
Level: Level 1

Topic: Law Relating to Banking
Series: MAY 2024

Question Tag: Central Bank

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools

Comparison of monetary and fiscal policy and identification of key monetary policy tools used in Ghana.

You're reporting an error for "PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools"

PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector

Identify benefits, challenges, and roles under the TSA scheme for MDAs and State Accountant-Generals.

You're reporting an error for "PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector"

BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking

Explain the functions of the Central Bank of Nigeria.

You're reporting an error for "BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking"

BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking

Identifying the apex bank in Nigeria that issues monetary policy circulars.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking"

PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector

Enumerate responsibilities of participants in the smooth operation of the Treasury Single Accounts (TSA).

You're reporting an error for "PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector"

BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking

Identifying non-functions of the Central Bank of Nigeria.

You're reporting an error for "BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking"

BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking

Question testing knowledge of the reporting limits for foreign exchange transactions under the Money Laundering Act.

You're reporting an error for "BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking"

BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-

This question asks candidates to state four principal functions of the Central Bank of Nigeria under its enabling Act.

You're reporting an error for "BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-"

PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools

Comparison of monetary and fiscal policy and identification of key monetary policy tools used in Ghana.

You're reporting an error for "PT – Nov 2024 – L2 – Q1a – Monetary vs Fiscal Policy and Tools"

PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector

Identify benefits, challenges, and roles under the TSA scheme for MDAs and State Accountant-Generals.

You're reporting an error for "PSAF – May 2017 – L2 – SB – Q4 – Treasury Management in the Public Sector"

BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking

Explain the functions of the Central Bank of Nigeria.

You're reporting an error for "BL – May 2012 – L1 – SB – Q2A – Law Relating to Banking"

BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking

Identifying the apex bank in Nigeria that issues monetary policy circulars.

You're reporting an error for "BL – Nov 2011 – L1 – SA – Q10 – Law Relating to Banking"

PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector

Enumerate responsibilities of participants in the smooth operation of the Treasury Single Accounts (TSA).

You're reporting an error for "PSAF – Nov 2021 – L2 – Q4a – Treasury Management in the Public Sector"

BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking

Identifying non-functions of the Central Bank of Nigeria.

You're reporting an error for "BL – Nov 2015 – L1 – SA – Q20 – Law Relating to Banking"

BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking

Question testing knowledge of the reporting limits for foreign exchange transactions under the Money Laundering Act.

You're reporting an error for "BL – MarJul 2020 – L1 – SA – Q8 – Law Relating to Banking"

BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-

This question asks candidates to state four principal functions of the Central Bank of Nigeria under its enabling Act.

You're reporting an error for "BL – May 2024 – L1 – SB – Q6d Law Relating to Banking-"

Our offerings

Contact Info

Customer

Get In Touch

admin