Which of the following is not a function of a commercial bank?
A. Accepting public deposits
B. Granting loan and advances
C. Undertaking agency functions
D. Banker to the government
What is deflation________________?
A. Deficit Budget
B. Reduction in taxation
C. Increase in public expenditure
D. Reverse of inflation
Two countries can gain from foreign trade if ?
A. Cost ratios are different
B. Tariff rates are different
C. Price ratios are different
D. A and C of above
Which of the following is a valid currency______________?
A. Promissory note
B. Currency note
C. Exchange rate
D. Bank cheque
From each according to his ability to each according to his need is the theoretical slogan of ?
A. Feudal System
B. Capitalist System
C. Fascist System
D. Communist System
A. Gold currency
B. Hard currency
C. Silver currency
D. Soft currency