Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following is not provided by NIPOST?
Private Mail Bag
Record Delivery
Business Reply Service
Telegram
Poste Restante
Correct answer is D
No explanation has been provided for this answer.
The total assets acquired for permanent use in a business concern is called?
Current assets
Fixed assets
Called-up capital
Working capital
Authorized capital
Correct answer is B
No explanation has been provided for this answer.
A customer is granted an overdraft by the bank subject to his operating a?
Savings account
Fixed-deposit account
Call-deposit account
Current account
Loans account
Correct answer is D
No explanation has been provided for this answer.
An application form which is filled by anyone taking out an insurance policy is called?
A policy form
A claims form
A proposal form
A questionnaire
An entry form
Correct answer is C
No explanation has been provided for this answer.
Debentures are part of a company's?
Authorized share capital
Issued share capital
Paid-up capital
Loan capital
Called-up capital
Correct answer is D
No explanation has been provided for this answer.