Commerce questions and answers

Commerce Questions and Answers

Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.

2,686.

The market where only indigenous firms are considered is the?

A.

money market

B.

second-tier securities market

C.

local market

D.

stock exchange

Correct answer is B

No explanation has been provided for this answer.

2,687.

The bank that discount bills of exchange is the?

A.

central bank

B.

mortage bank

C.

development bank

D.

comercial bank

Correct answer is D

No explanation has been provided for this answer.

2,688.

Invisible imports consist of?

A.

cement, shipping and consultancy services

B.

banking, drinks , insurance and technical services

C.

consultant services, tourism and banking

D.

tourism, banking and canned food and cement

Correct answer is C

No explanation has been provided for this answer.

2,689.

In Nigeria, the ministry in charge of registering trade associations is that of?

A.

industries

B.

commerce

C.

culture and tourism

D.

finance

Correct answer is B

No explanation has been provided for this answer.

2,690.

Wholesalers can be divided into?

A.

sales agent and brokers

B.

full service

C.

cooperative wholesale society and limited service wholesalers

D.

merchant wholesales and egent middlemen

Correct answer is D

No explanation has been provided for this answer.