Welcome to your Grade 10 Economics chapter 5
After carefully reading the following 30 questions, choose the correct answer.
1.
What role do banks play according to the textbook?
2.
Where is the allocation of saving and investment undertaken?
3.
Which of the following are categorized as financial institutions?
4.
What is a primary function of financial markets?
5.
Which of these is NOT typically a goal of a National Bank?
6.
A bank is an example of what kind of entity?
7.
What is the result of the process of financial intermediation?
8.
Which of the following are identified as indigenous financial institutions in Ethiopia?
9.
What do banks take from households or individuals?
10.
What do banks provide to borrowers?
11.
Which of these is an electronic banking system?
12.
Why were private commercial banks established in Ethiopia?
13.
In what year did modern banking start in Ethiopia?
14.
Which institution is responsible for printing currency in Ethiopia?
15.
What is one of the main roles of financial intermediaries?
16.
Which of the following is an example of an electronic banking service?
17.
What is a characteristic of indigenous financial institutions like Iqub?
18.
What do insurance companies provide as a financial institution?
19.
What is the main purpose of Micro-finance Institutions (MFIs)?
20.
How do financial markets help savers and investors?
21.
Which institution helps maintain a stable financial system in a country?
22.
What does "e-banking" stand for?
23.
Indigenous financial institutions like Idir are primarily used for:
24.
Which of the following is a role of microfinance institutions in Ethiopia?
25.
What is a financial instrument?
26.
What happened to modern banking in Ethiopia in 1991?
27.
What is the main difference between Iqub and Idir?
28.
Financial institutions facilitate the flow of funds from whom?
29.
Which entity regulates financial markets?
30.
How do micro-finance institutions help in poverty reduction?
