economics

Creation of money by the commercial bank is done by?

A. increasing the cash ratio B. printing money C. lending to borrowers D. issuing cheques Correct Answer: Option C C.…

6 years ago

The Central Bank can restrict credit through?

A. depreciation of assets B. granting overdraft C. direct investment D. open market operation Correct Answer: Option D D. open…

6 years ago

The indicator of the value of money is?

A. the general price level B. the equilibrium price C. consumer's income D. the interest rate Correct Answer: Option A…

6 years ago

A continuous fall in the general price level is called?

A. recession B. depression C. deflation D. stagflation Correct Answer: Option C C. deflation

6 years ago

The supply of money in the economy includes?

A. bank notes only B. bank note and coins C. bank notes and bank deposits D. bank notes, coins and…

6 years ago

Since money is demanded for what it can buy, the demand is said to be?

A. derived B. joint C. composite D. complementary Correct Answer: Option A A. derived

6 years ago

A medium of exchange which is generally acceptable is?

A. bater B. a cheque C. government bond D. money Correct Answer: Option D D. money

6 years ago

The national income of a country can be estimated through the?

A. output approach B. input approach C. empirical approach D. census approach Correct Answer: Option A A. output approach

6 years ago

Which of the following is a disadvantage of large scale production?

A. market economies B. managerial economies C. personal organization D. division of labour Correct Answer: Option C C. personal organization

6 years ago

Industry can be defined as?

A. several firms producing different commodities B. group of firms producing similar commodities C. different firms producing equal number of…

6 years ago