BFN104

A. _________refers to definitions of a bank and banking business according to abrogated 1969 Banking decree

B. The Bankers Committee came into being in _______

C. __________ activities focused on Corporate lending, General Management, Advance finance and Accounting and Corporate Planning

D. The department of research and consultancy is made up of the following units except___________

E. _________endorsement is one which prohibits further negotiation of the bill

F. _________is the payee, or endorser of a Bill or Note, who is in possession of it or bearer thereof

G. Bankers Committee is supervised by the ________

H. Banking in Nigeria started in ________ with the establishment of a branch of African Banking Corporation in Lagos

I. ________implies that a fifty naira note used in Lagos state should be identical to the one used in Benue state of Nigeria.

J. The enforcement of the rules and regulation in Nigerian Banking system fall on the ________

K. ______is the effective deployment of ICT by Banks

L. Monetary policy circular is a booklet published annually by __________

M. Industrial and Continental Bank (ICB) was established in __________

N. __________are those money market instruments that can be easily converted into cash without loss in value.

O. _________ are those measures taken by the monetary authorities to control the cost, quality and direction of credit to achieve national objectives.

P. The Bankers Committee came into being in ________

Q. The Chartered Institute of Bankers was registered in 1976 as _________

R. The enforcement of the rules and regulation in Nigerian Banking system fall on the ________

S. The establishment of the___________provided the base for a monetary type of economy in Nigeria

T. __________is the beneficiary of the proceed of the cheque i.e. the person who will receive the face value of the cheque.

U. _________implies that the money should be capable of being recognized at any time, place by both the adults and children.

V. __________ is when money is used every second, minute and hour to effect payments all over the world.

W. A cheque is ________ where a cheque is specially crossed to a named banker with the addition of the word ‘only.

X. _________ is money that is acceptable to the masses on the strength of government imprints on it.

Y. Micro finance banks source for funds from interest income, deposits&savings and ________

Z. The types of money are pure money, token money  and __________

AA. The National Secretariat is run on a directorate system under the direct administration of the _______

AB. The era of ___________ was marked by the exchange of goods and services for goods and services within and among the expanding families.

AC. The directorate of finance and administration is responsible for the management of all of the following except_________

AD. 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.

AE. _________ is the effective deployment of ICT by Banks

AF. The Era of _________ is an era that actually came to resolve of the problems posed by the barter system.

AG. Bankers Committee comprise of the__________of all licensed banks in Nigeria and is supervised by the Central Bank of Nigeria (CBN).

AH. Chartered Institute of Bankers came into  existence in year _________

AI. The Directorate of Education and Consultancy is made up of all of the following except_________

AJ. A __________is a bank in which the order to pay is directed. It is the paying bank in which order to pay is directed, that is the bank that holds the customer’s money.

AK. The fact that there's something that could be acceptable as a medium of exchange for goods and/or services created room for___________

AL. Money is said to be _________if it could be acceptable in any part of the world.

AM. The era of ________ was marked by the simple ownership, possession and control of the natural resources

AN. The concept of e-money in Nigeria was introduced in _________

AO. The parties to a cheque are all of the following except________

AP. The profits of a bank are the portion of its total receipts which include the following except_______

AQ. ________ 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.

AR. ___________is simply an irredeemable and inconvertible money that derives its power to circulate from the government backing.

AS. Manpower development is usually done through all of the following except_________

AT. Bankers Committee comprise of the __________of all licensed banks in Nigeria

_________ 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.

AV. _________ activities focused on Corporate lending, General Management, Advance finance and Accounting and Corporate Planning

AW. ________ 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.

AX. _________ endorsement is one which prohibits further negotiation of the bill