Which of these alternative is wrong? central banks are
Bankers to the government
Bankers to commercial banks
Merchant banks
Controllers and regulators of money supply
Issuers of bank notes
Correct answer is C
No explanation has been provided for this answer.
The central bank controls the activities of other banks by all but one of the following
The use of bank rate
The purchase or sale of government bonds on the open market
Special deposite
The use of directives
Taxation
Correct answer is E
No explanation has been provided for this answer.
Elastic supply
Joint demand
Excess supply
Derived demand
None of the above
Correct answer is E
No explanation has been provided for this answer.
A fall in income
Changes in the technique of production
A change of fashion or taste
Change in population
Correct answer is B
No explanation has been provided for this answer.
One of the reason why the condition of supply of a commodity may change is
A change in real income
Changes in the technique of production
A change of fashion or taste
Change in population
Correct answer is B
No explanation has been provided for this answer.