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ZIMSEC O-Level Commerce

6.6Finance and banking

Finance and banking in ZIMSEC O-Level Commerce: what the syllabus expects you to know, the learning objectives and how to practise.
Topic314 practice questions16 lessons

In this topic

Lessons

  • Personal income, saving and investment

    30 min

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  • Money: origins, qualities, functions and inflation

    30 min

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  • Personal budgets, borrowing and financial advice

    30 min

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  • Taxation and the role of ZIMRA

    30 min

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  • The banking system and commercial banks

    35 min

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  • Shares, debentures and types of share capital

    35 min

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  • Sources of finance and choosing the right source

    40 min

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  • Why businesses need finance

    25 min

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  • Merchant banks, building societies and other financial institutions

    30 min

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  • The Reserve Bank of Zimbabwe and central banking

    25 min

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  • Business calculations: turnover, stock turn, mark-up and margin

    40 min

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  • Profitability ratios: margins and ROCE

    35 min

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  • Working capital: calculation, cycle and management

    30 min

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  • The Zimbabwe Stock Exchange and dealing in shares

    30 min

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  • Trends in banking: telebanking, mobile money and agency banking

    30 min

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  • International financial institutions: the World Bank, the IMF and regional development banks

    25 min

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Sample question

A sample question on this topic. Answer it, check it, then read the worked answer.

Finance and banking: sample question

1 mark

What is the key difference between mobile money and mobile banking?

Choose one answer

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