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Form 4 business studies money and banking questions and answers

Form 4 business studies money and banking questions and answers

Lessons (20)

• 1.    State how a credit transfer is used as a means of transferring money through the commercial banks.
  2m 7s

• 2.    State four limitations of barter trade.
  3m 1s

• 3.    List four characteristics of money.
  2m 46s

• 4.    Outline five reasons why money is widely used in many economies
  2m 15s

• 5.    State four methods that the central bank may use to control credit.
  2m 59s

• 6.    List four functions of development banks
  2m 35s

• 7.    Highlight four reasons why loans advanced by commercial banks in Kenya may not appeal to many people.
  4m 52s

• 8.    State four banking services that the central bank provides to the government.
  1m 48s

• 9.    Explain five ways in which banks contribute to the development of Kenya.
  1m 36s

• 10.    Outline the benefits that a bank customer gets from operating a current account.
  3m 44s

• 11.    Explain five ways in which the central bank of Kenya may control the supply of money in the economy
  4m 3s

• 12.    Describe methods which may be used by commercial banks to advance money to customers.
  2m 25s

• 13.    A business man wishes to obtain a loan from a commercial bank. Highlight five conditions that he should satisfy before the bank can grant him the loan.
  3m 19s

• 14.    Explain five services that the central bank of Kenya offers to commercial banks.
  2m 35s

• 15.    Explain five disadvantages of using a bank overdraft as a source of finance.
  4m 37s

• 16.    Describe four ways in which a non-bank financial institutions differ from the commercial banks.
  3m 28s

• 17.    Explain the services offered by commercial banks to their customers.
  2m 47s

• 18.    Outline four benefits enjoyed by a user of e-banking service
  3m 55s

• 19.    State four ways that may be used to control the amount of money in circulation by the central Bank of Kenya.
  3m 15s

• 20.    A trader has decided to take a loan to expand his business.Give two reasons why it is beneficial to borrow from non-bank financial institutions.
  3m 2s