CameraIcon

SearchIcon

MyQuestionIcon

10

You visited us 10 times! Enjoying our articles? Unlock Full Access!

The Monetary System

With the help...

Question

With the help of trade which type of services are developed?

A

Business complex

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Banks

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Credit societies

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

All of above

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D All of above
As trade increased, with the help of it, newer business buildings grew up. With the shortage of area and also because of easier communication, they started growing complexes. A cooperative society that lends money collected from its members at low rates of interest also grew up to help for the time being. Banks also grew as did international trade to keep the growth and development of the country in check.

Suggest Corrections

thumbs-up

0

Similar questions

Q.
Which of the following are major concerns with respect to India and free trade policies with other Nations?

1. Indian manufacturing sector is less competitive
2. Service sector is Indian strength but other countries are unwilling to open up for service sector
3. While trade with ASEAN has increased, deficit has also increased

Which of the above statements are correct?

Q. Identify the type of Goods and Services Tax imposed for intra state trade.

Q. Consider the following statements relating to the World Trade Organisations.
1. The WTO deals with the global rules of trade between nations.
2. The goal of the WTO is to help producers of goods and services, exporters and importers to conduct their business.
3. The WTO, which is a successor body of the General Agreement on Tariffs and Trade came into being following the Uruguay Round of Negotiations.
4. The WTO distances itself from framing rules on trade in intellectual property rights.
Which of the statements given above are correct?

Q. Write a word or phrase or a term which can substitute each one of the following statements.

1. Human activities conducted for earning money.
2. A type of trade that sales the goods directly to ultimate consumer.
3. Trade that take place between the traders of two different countries.
4. An aspect of business which is concerned with the production of goods.
5. Various services which facilitate smooth flow of goods and services from seller to buyer.
6. The type of industries that provides services.
7. The type of industries that creates immovable wealth.
8. Monetary returns earned by a professional for rendering expert services.
9. An aspect of business which is concerned with the distribution of goods.
10. A type of industry which takes out the wealth from the earth.

Q. Trade embargoes are a type of economic sanction which restrict or ban trade with one country.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

The Monetary System

ECONOMICS

Watch in App

explore_more_icon

Explore more

The Monetary System

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon