Securities are primary or secondary
Debt instruments provided are long-term or short-term
Funds mobilized are private or public
Securities are in debentures or ordinary shares
Correct answer is B
No explanation has been provided for this answer.
The elasticity of supply of perishable goods is
Unitary
Inelastic
Zero
Elastic
Correct answer is B
In case of perishable goods such as vegetables, fruits, and other eatables, the supply would be inelastic. This is because the supply of perishable goods cannot be increased or decreased easily.
The term 'Near money' is best described as
A financial instrument that is readily convertible to cash
Government financial instrument that is convertible to cash
Time deposits with low interest rates
A financial asset that is convertible to cash
Correct answer is D
Near money refers to non-cash assets that are highly liquid and easily converted to cash. They are sometimes referred to as quasi-money or cash equivalents. Examples of near money are: Savings accounts held in commercial banks
A country with over-valued currency will
Expect balance of payments surplus
Have increased demand for the exports
Increase her foreign reserve
Decrease her foreign reserve
Correct answer is A
No explanation has been provided for this answer.
Imperfect market is characterized by
Perfect mobility of factors of production
Many buyers and few sellers
A large number of buyers and sellers
Non-preferential treatment
Correct answer is B
No explanation has been provided for this answer.