GNS 212 PRACTICE QUESTION

7 PAGES (1642 WORDS) Zoology Exam Question

1. A financial institution that mobilizes savings and channels same to productive units is called

A. Bank B. School C. Microfinance D. Interest

2. Banks undergo these transformations except

A. Risk B. Liquidity C. Maturity D. None of the above

3. Which of these transformations guarantee both the saver and the borrower

A. Maturity B. Risk C. Liquidity D. All of the above