Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
The insurance cover on property being shipped from one location to another comes under?
Burglary insurance
Fire insurance
Marine insurance
Annuity insurance
Comprehensive automobile insurance
Correct answer is C
No explanation has been provided for this answer.
Bond control technique
Exchange control technique
Open market operations
Price control mechanism
Span of control technique
Correct answer is C
No explanation has been provided for this answer.
When a customer writes a cheque to withdraw cash from his current account, he is both the?
Drawer and the Payee
Drawee and the Payee
Drawer and the Debtor
Drawer and the Creditor
Drawee and the Debtor
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a method of trade restriction?
Exchange control
Stock exchange
Import licence
Embargo
Quota
Correct answer is B
No explanation has been provided for this answer.
Workers involved in mining, quarrying or fishing are engaged in?
Secondary production
Primary production
Tertiary production
The manufacturing industry
The construction industry
Correct answer is B
No explanation has been provided for this answer.