Which of the following institutions assists the government in managing the national debt?
Commercial banks
The Central banks
The Capital market
The World bank
Correct answer is B
No explanation has been provided for this answer.
A foreign exchange market deals in
Treasury bills
Currencies
Government bonds
Commodities
Correct answer is B
No explanation has been provided for this answer.
A non-bank financial intermediary which is regarded as a pool of risks is the
Cooperative society
Stock exchange
Insurance company
Post office
Correct answer is C
No explanation has been provided for this answer.
Which of the following financial institutions was originally known as a Building Society?
Development banks
Insurance company
Mortgage banks
Merchant banks
Correct answer is C
No explanation has been provided for this answer.
Which of the following is true under rapid inflation? People
Demand less foreign exchange
Set up businesses
Rush to pay their taxes
Hardly wants to lend money
Correct answer is D
No explanation has been provided for this answer.