Insurance Companies are similar to commercial banks in th...
Insurance Companies are similar to commercial banks in that they
Compensate their customers for losses
Act as lender of last resort
Help in maintaining monetary stability in a nation
Help in mobilizing savings for investment
Correct answer is D
No explanation has been provided for this answer.
It is important to measure the National Income of a country because ...
Money is demanded for which of the following reasons? ...
Which of the following is not a strong basis for trade unions demand for higher wages? ...
Which of the following measures can be used to control inflation? ...
If the marginal utility of good X exceeds that of good Y, this implies that ...
A strategy for curbing unemployment is to ...