NECO Past Questions and Answers - Page 218

1,086.

The main differences between money market and capital market is that money markets

 

A.

Acts as advisers to investor while capital markets teleguides

B.

Are owned by individuals, while capital markets are owned by government

C.

Accepts collateral, while capital markets does not accept such

D.

Accepts funds while capital markets disburse fun to investors

E.

Provide short term loans, while capital markets provide long-term loans

Correct answer is E

No explanation has been provided for this answer.

1,087.

Excise duties are taxes levied on

A.

Goods coming into the country

B.

Goods going out of the country

C.

Industrial incomes

D.

Locally manufactured goods

E.

Selected consumer durable

Correct answer is D

No explanation has been provided for this answer.

1,088.

Which of the following will NOT be a barrier to international trade?

A.

Communication hindrances

B.

Easy conversion of currencies

C.

Geographical locations

D.

Ideological differences

E.

Imposition of duties and quotas

Correct answer is B

No explanation has been provided for this answer.

1,089.

In Economics, want means…………aspiration

A.

Endless

B.

Qualitative

C.

Quantifiable

D.

Satisfied

Correct answer is A

No explanation has been provided for this answer.

1,090.

The indices used to measure the cost of living is

A.

Consumption expenditure

B.

National income

C.

Per capital income

D.

Price index

E.

Savings and investment

Correct answer is D

No explanation has been provided for this answer.