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Question 21
A
there is mobility of factors of production 
B
no single seller dominates the market 
C
the firms are price-takers 
D
consumers have perfect knowledge of price 
Explanation.
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Correct Option:
B







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Question 28
A
increase money supply in the economy 
B
reduce the cash reserve ratio for banks 
C
reduce money supply in the economy 
D
increase the capital base of commercial banks 
Explanation.
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Correct Option:
A

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Question 29
A
maintaining stable price in the economy 
B
regulating monetary policies 
C
granting loans to customers 
D
issuing bank notes and coins 
Explanation.
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Correct Option:
C


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