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 business in the stock exchange is characterized essentially by
dealing
brokerage
speculations
transactions
Correct answer is A
No explanation has been provided for this answer.
Which of the following is both direct and indirect credit enterprise?
A co-operative and thrift society
retail co-operative society
consumer co-operative society
wholesaler co-operative society
Correct answer is A
No explanation has been provided for this answer.
The financial institution established to boost Nigeria's trade with the rest of the world is called
Nigerian Deposit Insurance Corporation
Nigerian Economic Reconstruction Fund
Nigerian Industrial Development Bank
Nigerian Export-Import Bank
Correct answer is D
No explanation has been provided for this answer.
Drawing two parallel lines across a cheque means that it has to be paid into the account of the
payee
drawer
drawee
payer
Correct answer is A
No explanation has been provided for this answer.
One of the effects of the devaluation of the Naira is that the
goods that can be imported with the naira have become cheaper
value of other currencies relative to the naira have become cheaper
goods that can be exported from Nigeria have become costlier
imports that can be bought with the naira have become costlier
Correct answer is D
No explanation has been provided for this answer.