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G-10 Economics Second Semester Worksheet 2

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126 views1 page

G-10 Economics Second Semester Worksheet 2

Uploaded by

Knife Kelil
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ኦሜጋ ትምህርት ቤት

OMEGA SCHOOL

Name of student: __________________ Subject: Economics


Grade: 10th sections: _____________ Semester: 2nd Work sheet(2)
Number: ______ Date: April 2024 G.C/ Megabit 2016 E.C
I. Write `True` if the statement is correct or `False` if it is incorrect on the space provided.
_______1. Banks are intermediaries between the depositors and the borrowers.
_______2. The allocation of saving and investment is undertaken in financial markets.
_______3. Financial institutions include banks, insurances and microfinances.
_______4. In Ethiopia, modern banking started in 1991.
II. Choose the correct answer from the given alternatives and write the letter of
your choice on the space provided.
_______5. Which of the following statements best describes financial markets?
A. Financial markets are where savers and investors meet and transact
B. Financial markets increase the speed of transactions and they also decrease the cost
C. Financial markets are not regulated
D. A and B
_______6. Which of the following is NOT likely to be a goal of a National Bank?
A. Printing currency notes or minting coins D. Encouraging economic growth
B. Deposits E. Maintaining a stable financial system
C. Maintaining a low inflation rate
_______7. A bank is an example of:
A. a financial instrument. C. a financial institution
B. a financial market. D. None of the above is correct.
_______8. The process of financial intermediation:
A .creates a net cost to an economy but is unavoidable.
B. is used primarily in underdeveloped countries.
C .is used when a borrower needs to obtain funds.
D. decreases the economy’s ability to produce.
III. Fill in the blank spaces for each of the following with appropriate words.
9. _____________and __________are indigenous financial institutions in Ethiopia.
10. ____________, ____________ and __________ are electronic banking systems.
11. Banks take ________________ from the households or individuals and give ________ to borrowers.
12. The private commercial banks were established in Ethiopia due to the ________________proclamation in
____________ (year).
IV. Write very short answer to the following questions.
13. What are the components of financial institutions?
14. What are treasury bills?
15. What are the reasons for the existence of microfinances?
16. List and discuss the benefits of the indigenous financial institution in Ethiopia.

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