money and banking

Question 1

define primery market and secndry market ?

Answer 1

Primary markets; are financial markets in which stocks, bonds, and other
securities are sold for the first time

Secondary markets’ are financial markets in which investors buy and sell
existing securities

Question 2

what are the importint of function of SAMA central banks?

Answer 2

➢Issues national currency, the Saudi Riyal.

➢Acts as a banker to the Government.

➢Supervises the Commercial Banks.

➢Manages Kingdom’s Foreign Exchange Reserves.

➢Conduct Monetary Policy for Promoting Price and Exchange Rate
Stability.

➢Promotes the Growth and ensures soundness of the financial system.

Question 3

key function of of money ?

Answer 3

1. It acts as a medium of exchange.
2. It is a unit of account.
3. It is a store of value.
4. It offers a standard of deferred payment