One advantage of a crossed cheque is that it can?
only be paud into a savings account
be cashed over the bank's counter
only be paid into the owner's account
be cashed by anyone
Correct answer is C
No explanation has been provided for this answer.
A good financial instrument which serves as a hedge against inflation is?
a bond
a share
an opion
a warrant
Correct answer is A
No explanation has been provided for this answer.
To increase the supply of money in a country, the central bank has to?
reduce cash ratio
sell securities
call on special deposits
raise cash ratio
Correct answer is A
No explanation has been provided for this answer.
The fixed and current assets of a business are called?
called up capital
capital employed
paid-up capital
authorized capital
Correct answer is B
No explanation has been provided for this answer.
The major participants in the stock market when stock prices are rising generally are the?
bulls
registrars
bears
companies
Correct answer is A
No explanation has been provided for this answer.