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.
i and ii only.
i and iii only
i, ii and iii only
ii and iii only.
Correct answer is D
No explanation has been provided for this answer.
The type of securities that the stock exchange deals with are
warrants, currency notes, money orders and postal orders
cheques, bankdrafts , warrants and promissory notes
bonds ivory, treasure bills, debentures and warrants
stocks, shares, bonds and warrants.
Correct answer is D
No explanation has been provided for this answer.
The assets, liabilities and general management of a distressed bank may be taken over by?
International Bank for Reconstruction and development
Nigeria Industrial Development Bank
Nigeria Banks Deposit Insurance corporation
Nigeria Bank for Commerce and Industry
Correct answer is C
No explanation has been provided for this answer.
The most important difference between community banks and peoples’ bank is that the?
latter is owned solely by government while the former are not
former cater for ruler dwellers while the latter cater for both rural and urban dwellers
former are service oriented while the latter are profit oriented
latter advances loans to the public while former advance loans to the rural dwellers only.
Correct answer is A
No explanation has been provided for this answer.
Only half of the loss suffered
double the value of the losses suffered
the total sum of the premium paid prior to the loss
damage claims equal to the loss suffered.
Correct answer is D
No explanation has been provided for this answer.