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Cambridge IGCSE Economics practice

Paper 2 structured question: Money and banking

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Attempt questionMoney and banking revisionRevise the key idea

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2

Paper

4

Marks

Topic

Money and banking

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Paper 2Structured Questions4 marks

Understanding the significance of banks for different sectors of the economy.

Description

Importance of Banks

Central banks ensure financial stability, while commercial banks provide essential services to consumers and businesses.

  1. a

    Explain the significance of commercial banks for consumers.

    Aim for approximately 4 distinct marking points.

    [4]

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Paper 2 structured question: Money and banking

Paper 2Structured Questions1 marks

Description

Functions of Banks

Central banks manage monetary policy and oversee commercial banks. Commercial banks provide loans and accept deposits from the public.

  1. a

    State one function of a central bank.

    Aim for approximately 1 distinct marking point.

    [1]