Good life
An average life
On his savings
A reckless life
On borrowed money
Correct answer is C
No explanation has been provided for this answer.
The central bank controls commercial banks through all the following measures except
The uses of directives
The use of bank rate
Open market operations
Accepting deposits
Demanding special deposits
Correct answer is D
No explanation has been provided for this answer.
If the foreign exchange rate is N80 to £1, then a bicycle bought for £40 will cost
N15.00
N60.00
N100.00
N250.00
N320.00
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not an advantage of government ownership of enterprises?
More capital is provided
Pricing policy may be in the interest of consumers
Government workers may be indifferent towards the public
Infrastructure are rapidly developed
Incomes may be more evenly distributed
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not an advantage of localization of industries?
Enjoyment of externa economies
Development of subsidiary industries
Development of organized markets
Growth of conurbation
Growth of farms
Correct answer is D
No explanation has been provided for this answer.