The inter bank indebtedness is settled at the?

A. clearing house B. money market C. discount house D. stock exchange Correct Answer: Option A A. clearing house Explanation A clearing house is an institution where cheques and other commercial papers drawn on member banks are cancelled against each other so that...

One of the aims of the European Union is to?

A. ease trade among member countries B. enhance better trade with Africa C. enhance free trade with America D. offer financial assistance to poor countries Correct Answer: Option A A. ease trade among member countries Explanation The objective is to ensure...

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