The commercial banks differ from non-bank financial institutions because they
Accept deposits withdrawable by cheque
Mobilize savings
Invest surplus funds
Contribute to economic development
Correct answer is A
No explanation has been provided for this answer.
The population increased by 2.25million
There were 2.25 million live births
The government have to make provisions for 2.25 million children
2.25 million - children were born
Correct answer is A
No explanation has been provided for this answer.
How many units of good X is produced for 8 units of commodity Y?
80
40
20
0
Correct answer is A
No explanation has been provided for this answer.
Production indicator
Maximum production curve
Production possibility curve
Total output curve
Correct answer is C
No explanation has been provided for this answer.
Which of the following statements must hold if price discrimination is to be possible?
Elasticities in the various markets must not differ
The seller must recognise the possibility of resale
The market must not be separated but integrated
The markets should be seperable and there should be no resale
Correct answer is C
No explanation has been provided for this answer.
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