Correct Answer: B. it demonstrates how to carry out new techniques to farmers in the same locality

Explanation

(a) Reasons for consumer protection are:

(i) Incorrect weight and measures of goods offered for sale: Some goods are offered for sale without sellers considering the prescribed weight or quantity e.g petrol and grains.

(ii) Misleading advertisement: Many claims made by advertisers about the performance of their products are not correct Such false adverts are deceptive.

(iii) Unreasonable high prices: Prices of certain goods are so high that it may be impossible to buy such items.

(iv) Sub - standard goods: Some goods are produced without taking into consideration the quality desired.

(v) Credit purchase agreement: Consumers are often not well informed about the details of such agreement.

(vi) Sales of harmful food and drugs: Consumers need protection to ensure that goods offered for sale do not :ontain dangerous chemicals or damaging side effect.

(b) Government legislations aimed at protecting the consumers are:

(i) Weight and Measures Act helps to prevent the use of incorrect weight and measures.

(ii) The Trade Description Act is aimed at checking misleading advertising.

(iii) Hire Purchase Act is aimed at protecting the rights of the consumers.

(iv) Price Control Act is aimed at controlling prices.

(v) Standard Organization Acts.

(vi) Foods and Drugs Act protects consumers against harmful goods.

(vii) Sales of Goods Act of 1893.

(viii) Consumer Credit Act of 1974.

Correct Answer: A. terror

Correct Answer: B. Adversity

Explanation

a)(i) Open market: This involves the sales of securities e.g Treasury bills through the commercial banks. If the Central Bank wants to increase money supply, it will purchase securities from the public through the commercial banks. This way. the reserves of the commercial banks will increase. Thereby increasing their ability to grant more credit and vice versa.

(ii) Bank rate: This is the rate at which the Central Bank lends to the commercial banks and discounts bills of exchange so as to influence the money supply. To increase money supply. the Central Bank will reduce the bank rate. This will in turn lower the lending rates of commercial banks. causing the public to demand for more loans and vice versa. It controls research on the economy. It is the lender of last resort.

(b) (i) It acts as agent. banker and adviser to the government.

(ii) It controls the money supply / maintains price stability / determines monetary policy.

(iii) lt issues currency.

(iv) It is a banker to the other financial institutions

(v) lt operates a clearing house system

(vi) lt manages the public national debt.

(vii) It controls foreign currency.

(vii) It controls research on the economy.

(ix) It is the lender of last resort.

Correct Answer: D. Use of traditional rulers

Correct Answer: A. at tasstr bir ray

Correct Answer: D) Trading , profit and loss account and balance sheet

Correct Answer: (C) deals in

Correct Answer: B. copper (ll) ions are reduced to copper atoms