CSEC Principles of Business · January 2015 · Paper 2 · Question 5(a)(ii)
Answer either Question 4 or Question 5.
State two functions of a central bank.
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Practise this questionOther parts of this question
- 5(a)(i)List four services offered by commercial banks.[4 marks]
- 5(b)Differentiate between 'savings' and 'investment'.[4 marks]
- 5(c)(i)List two sources of short-term financing.[2 marks]
- 5(c)(ii)List two sources of long-term financing.[2 marks]
- 5(d)Outline three reasons why personal budgeting is important.[6 marks]
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