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.

2,941.

The chart above represent the?

A.

product mix relationship

B.

marketing mix relationship

C.

promotion mix elationship

D.

advertising mix relationship

Correct answer is B

No explanation has been provided for this answer.

2,942.

A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it

A.

serves as a mechanism for evaluating an unrealistic exchange rate for the naira

B.

creates unhealthy competition amongst users of foreign exchange

C.

contributes to destabilizing national resource allocation

D.

contributes to flooding the market with foreign essential commodities

Correct answer is B

No explanation has been provided for this answer.

2,943.

The stock Exchange helps to provide capital for of industrial project because it

A.

determines value of shares, stocks and other securities

B.

assist government in implementing its monetary plicies

C.

assist companies to exchange their securities into cash

D.

renders agency services to organizations and government

Correct answer is C

No explanation has been provided for this answer.

2,944.

The major condition for obtaining loan in thrift, credit and loans cooperative societies is

A.

provision of collateral security

B.

a high level of education

C.

possesssion of a large business

D.

an approved project plan

Correct answer is A

No explanation has been provided for this answer.

2,945.

A form of money that has gone out of use is?

A.

paper money

B.

bank money

C.

commodity money

D.

foreign money

Correct answer is C

No explanation has been provided for this answer.