Higher rate of interest on investments attracts ________. (Fill in the blank by choosing correct option)
a) Money lender
b) Investors
c) Borrower
d) Banker
Answers
Answer:
The correct option for the given fill in the blank is, 'option A'.
According to this option, Higher rate of interest on investments attracts MONEY LENDERS
Explanation:
This is a trick fill in the blank. Many would think that investors tend to get attracted to facilitators who give high interest on investments. When people are getting the offer for more money when they get it back then money lenders would be more attracted to such an offer.
Answer:
(b)
Explanation:
The higher rate of interest on investments to attract Investors. The higher rate of interest can be earned basically to attract foreign investors. The main reason to make interest at a high rate to attract foreign investors to increase the value and demand of the home currency. The foreign traders invest at higher rates of interest because if they are able to receive a better return on their investment comparing the rates of their local market.