Wages and salaries
Direct taxes paid by persons and companies
Rents on houses
Retirement benefits
Business profits
Correct answer is D
No explanation has been provided for this answer.
Development banks mainly provides
Savings account facilities for a developing economy
Foreign exchange facilities for importers and exporters
Capital for development of specific sectors
Capital for hire-purchase of machinery
Capital for the development of special banks
Correct answer is C
No explanation has been provided for this answer.
Receiving grants from the IMF
Having budget surplus
Excessive government spending on banks
Borrowing to finance a budget
Inadequate supply of money from the finance companies
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a bank's responsibility to it's shareholders?
Making profits
Creating money
Paying high interest rate
Preventing inflation
Issuing currencies
Correct answer is A
No explanation has been provided for this answer.
The study of Economics enables the individuals to
Be misserly in the spending of his money
Derive maximum satisfaction from the money he spends
Determines the right market to visit
Avoids purchase of luxurious items
Derive solution to all problems
Correct answer is B
No explanation has been provided for this answer.