Which of the following factors enhances the ability of commercial banks to create money?
Reduction in the reserve ratio
Leakage of cash out of banking system
Excess of reserves
Insistence on collateral security
Correct answer is A
No explanation has been provided for this answer.
Restriction on credit creation by commercial banks can be effected through
An overdraft
Loans and advances
Demand deposits
Liquidity ratio
Correct answer is D
No explanation has been provided for this answer.
Localization of industries refers to the
Tendency to concentrate industries in particular areas
Sitting of industries in certain areas
Deliberate policy of influencing location of industries generally
Zoning of industries
Correct answer is A
No explanation has been provided for this answer.
Stockholders
Sleeping partners
Part-time investors
Ordinary partners
Correct answer is B
No explanation has been provided for this answer.
The most important limitation on the partner as a form of business enterprise is the
Implication for partners' liability
Legal limitation placed on the number of partners
Difficulties arising from having two co-ordinate heads of a firm
Fact that each partner regardless of the capital he contributes, must have the same voting rights
Correct answer is B
No explanation has been provided for this answer.