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.
The situation in which there is persistent fall in the general price level is referred to as
Devaluation
Depreciation
Deflation
Inflation
Correct answer is C
No explanation has been provided for this answer.
Which of the following is the most liquid asset?
Bank notes
Silver
Bank deposit
Cheques
Correct answer is C
No explanation has been provided for this answer.
A geometrical fall in prices
A proportionate fall in prices
A rise in prices
An unequal fall in prices
Correct answer is B
No explanation has been provided for this answer.