NOUN Past TMA Questions & Answers: CRD303 - Rural Finance

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NOUN Past TMA Questions & Answers: CRD303 - Rural Finance

Postby Jed » Fri Jul 23, 2021 7:35 am

NOUN Past TMA Questions & Answers: CRD303 - Rural Finance



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[CRD303] In practical terms, time usually separates the firm’s receipt of cash and its disbursement of cash in its --------------------------- operations.
day to day

[CRD303] Which principle suggests that the cooperative members those who use the cooperative-should provide equity (ownership financing) in proportion to their use of the cooperative.
User-owner principle

[CRD303] which funds are used for legal and recording fees, business permit, incorporation fees, promotional supplies and expenses incurred in forming the cooperatives.
organizational

[CRD303] who was fondly referred to as the founder of rural credit cooperative society in Germany---------------------
Fredrick Wilhelm Raiffeisen

[CRD303] The difference between a lump sum and an annuity is that while a lump sum is one sum that increases with interest and---------------
time

[CRD303] Cooperatives obtain capital either through, internal funds or -----------------source forfinding
external

[CRD303] Rural finance includes agriculture finance, micro finance and is a subsector of the larger ----------------------- sector
financial

[CRD303] The exact amount of capital necessary for cooperative organization depends on------------------------------
type and size of cooperative anticipated

[CRD303] which principle limit the return available on investment, cooperatives limit the accumulation of wealth by a few owners.
Limited return on equity

[CRD303] In the analysis, there are ------------------- basic steps to be taken to compute the net present value (NPV)
3




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Jed
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Re: NOUN Past TMA Questions & Answers: CRD303 - Rural Finance

Postby Jed » Fri Jul 23, 2021 7:36 am

Email: Solutions2tma@gmail.com
Whatsapp: 08155572788



[CRD303] The BOA's major banking function is granting ---------------------.
loans

[CRD303] Outflows and inflows of cash are separated usually by ---------------------------
time

[CRD303] In rural finance, proximity and convenience are crucial factors to---------------------
savings

[CRD303] which studies are very necessary in establishing projects and in obtaining loan from any financial institutions
Feasibility

[CRD303] Isusu is an association of people for the purpose contributing --------------------sums of money at regular intervals to meet the members various needs
fixed

[CRD303] Externally source of fund for cooperative include the followings except
none of the above

[CRD303] Akinbide stated that-------------------- settlement can be regarded as those whose population engaged primarily in economic activities involving the direct and indirect exploitation of the land
rural

[CRD303] Daily deposit scheme in savings are collected ----------------------- at the doorsteps of rural depositors by mobile deposit collectors
daily

[CRD303] Raiffeisen stated that there is a connection between poverty and -------------------------
dependency

[CRD303] Families in rural areas seek to diversify their sources of income beyond ------------------------.
agriculture





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Jed
Posts: 1654
Joined: Tue Oct 10, 2017 6:37 pm
Contact:

Re: NOUN Past TMA Questions & Answers: CRD303 - Rural Finance

Postby Jed » Fri Jul 23, 2021 7:37 am

Email: Solutions2tma@gmail.com
Whatsapp: 08155572788



======
CRD303
======

1. which principle suggest that the one member-one vote rule by which cooperatives operate serves to distribute power equally among all the current member owners

User-owner principle

User-benefit principle

--->> User- control principle

Limited return on equity

2. Time is not considered when computing the value of ----------------------

loans

credit

--->> money

capital

3. what is generally refered to as the blood of every business.

credit

savings

--->> capital

labour

4. Schulze believed that societies should be run on --------------------------lines

--->> economic

social

political

religious

5. Internally source of fund for cooperative society includes the followings except

share capital

--->> grants

thrift savings,

donations

6. The achievements of NEEDS have centered on-----------------------stabilization of the Nigerian economy by improving budgetary planning and execution, and provided a platform for sustained economic diversification and non-oil growth

--->> microeconomic

macroeconomic

deflation

inflation

7. Bank of Agriculture was formally established on 6th March, -----------------

1970

1971

1972

--->> 1973

8. In most of financial discussions,--------------------- is an absolute terms

loans

credit

--->> money

capital

9. Daily deposit scheme in savings are collected ----------------------- at the doorsteps of rural depositors by mobile deposit collectors

weekly

--->> daily

monthly

all of the above

10. As a discipline, -----------------is merely a body of facts, principle and theories which deal with raising and using of money individuals, governmental organizations, firms and cooperatives.

fund

banking

--->> finance

financing






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