Answers A commercial bank is able to create money A commercial bank is able to create money A. by printing it B. by maintaining reserve C. by creating a demand deposit as it gives a new loan D. by issuing cheques to depositors E. by borrowing from the central bank Correct Answer: Option C Explanation
Answers A weather element controlled mainly by latitude is A weather element controlled mainly by latitude is A. cloud cover B. rainfall C. temperature D. humidity Correct… Read More
Answers Which of the following is the basic factor in the formation of a federation? The Which of the following is the basic factor in the formation of a federation? The A. presence of… Read More
Answers If the simple interest on a sum of money invested at 3% per annum for… If the simple interest on a sum of money invested at 3% per annum for 2(frac{1}{2}) years is… Read More
Answers Define the following terms: (i) Electric field intensity (ii) Electric potential (b) The diagram… (a) Define the following terms: (i) Electric field intensity (ii) Electric potential (b) The diagram below illustrates two… Read More
Answers Lending out money with interest in Islam is Lending out money with interest in Islam is A. sadaqah B. ribā C. kharaj D. Jizyah. Correct Answer:… Read More