Public expenditure can be financed from all the following sources except the
Borrowing
Grant-in-aid
Royalties and rent
Mobilization fees
Correct answer is D
No explanation has been provided for this answer.
A reduction in aggregate demand
Inflation
Depression
Budget surplus
Correct answer is B
No explanation has been provided for this answer.
Short-term loans can be sourced from
The central banks
Development banks
Mortgage banks
Commercial banks
Correct answer is D
No explanation has been provided for this answer.
One disadvantage of inflation is that?
Fixed income earners gain
Fixed income eaners lose
Businessmen lose
Standard of living rises
Correct answer is B
No explanation has been provided for this answer.
Commercial banks settle their daily interbank indebtedness through the
Money market
Finance House
Acceptance house
Clearing House
Correct answer is D
No explanation has been provided for this answer.