The daily official publications of the Nigeria Stock Exchange give detailed information on the?
changes in the official rules set by the market
method of transactions agreed upon by members
participation of members in a day
changes in the price of securities
Correct answer is C
The Nigerian Stock Exchange daily publications are made up of the individual ratings and participation of listed companies in the market. It shows top gainers and losers and their market contribution as well as the value of shares as against the previous day.
The major dealers on the stock market are the?
agents
jobbers
investors
brokers
Correct answer is D
A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. Brokers are the major players in the stock exchange market.
The characteristic which ensures that money is free from forgery is its?
legality
durability
recongnition
credibility
Correct answer is A
The legal backing of money makes it generally acceptable and protected by law as the acceptable means of legal tender, unlike counterfeit money that is produced without the legal sanction of the State or government.
The manufacturers' Association of Nigeria is an example of a?
labour union
pressure group
conglomerate
cartel
Correct answer is B
No explanation has been provided for this answer.
wholesalers' association
consumers association
government agency
workers' union
Correct answer is B
Consumer associations are organizations that examine and compare products in order to advise consumers on them as well as giving support to people who have problems with things they buy or businesses they patronized. They generally work for the interest of their members by looking out for them against being exploited and mistreated by retailers or wholesalers.