The following measures used to check deflation EXCEPT
Deficit financing
Improving distribution system
Increasing wages and salaries
Raising the bank rate
Reducing taxation
Correct answer is D
No explanation has been provided for this answer.
Commercialization
Indigenization
Liberalization
Localization
Privatization
Correct answer is B
No explanation has been provided for this answer.
The following methods are used in calculation of National Income EXCEPT
Depreciation
Expenditure
Income
Output
Value added
Correct answer is A
No explanation has been provided for this answer.
Which of the following measures can be used to control inflation?
Decrease in bank rate
Decrease in taxation
Deficit budget
Export drive
Increase in government expenditure
Correct answer is D
No explanation has been provided for this answer.
Which of the following is a disadvantage of sole proprietorship?
Does not enjoy limited liability
Decisions are easily made and implemented
Easy to set up
Enjoys secrecy
Maintains relationship with workers and customers
Correct answer is A
No explanation has been provided for this answer.