Search SchoolNGR

Economics Past Questions and Answers

Classroom

Economics Questions

Question 3531:

The proportion of commercial banks' total assets kept in the form of highly liquid assets is known as

SchoolNGR Classroom

A Demand deposit
B Fixed deposit
C Cash ratio
D Moral suasion

View Answer & Explanation

Question 3532:

which of the following is not an objective of economic planning

SchoolNGR Classroom

A Need to direct economic development of the country towards the desired direction
B Desire to ensure a sustained cultural development of the country
C Desire to widen the gap between developing countries and the developed world
D Management of scarce resources in the face of unlimited wants of the citizens

View Answer & Explanation

Question 3533:

In order to control inflation, the government should

SchoolNGR Classroom

A Reduce the cost of borrowing
B Buy securities in the open market
C Adopt restrictive monetary policy
D Discourage savings

View Answer & Explanation

Question 3534:

when the demand for foreign exchange exceeds its supply, the value of the domestic currency

SchoolNGR Classroom

A Appreciates
B Depreciates
C Remains inchanged
D Expands

View Answer & Explanation

Question 3535:

The export of west A frican countries are mostly composed of

SchoolNGR Classroom

A Service
B Raw materials
C Manufactured goods
D Consumer goods

View Answer & Explanation

Stay Updated

Follow us on:

Subjects