Why businessmen prefer current bank account
Describe why businessmen mostly wish to open current account in bank?
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The businessmen mostly wish to open current account in the bank since the deposits in current accounts are payable on demand. It can be drawn upon by cheque without any limit. The banks propose overdraft facility on such deposits to business men.
A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?
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Most economists believe such that people increase an activity when they perceive the expected additional benefits as exceeding the expected extra cost, but decrease their level of an activity whenever they believe the benefits from the last few units of the activity a
Law of supply: It is the claim which, other things equivalent, the quantity supplied of a good increases whenever the price of the good increases.
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WHAT IS THE CHANGE IN EQUILIBRIUM gdp CAUSED BY THE ADDITION OF NET EXPORTS?
What are the causes of the fiscal deficits experienced by many developed nations in the past three years and what are the main effects of the resulting government borrowing? For example – Greece/Ireland/Portugal/Spain situation and the large def
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Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency
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