Preferential duties
Preferential treatment
Entreport
Trade license
Correct answer is A
In other to encourage or discourage the importation of certain goods from certain countries discriminate duties are charged on these goods.
The following are types of capital except:__________
Current capital
Saving capital
Working capital
Social capital
Correct answer is B
The different types of capital include: Fixed capital, which are assets not used up in the course of production. Circulatory or Working capitals are assets which are used up in the process of production Eg. Raw materials, fuel etc Social capital is the assets provided by the government that aid production. Examples include electricity, water etc.
Saving capital is not a type of capital.
From the table, how many people scores above 6?
25
24
5
30
Correct answer is B
Number of people who scored above 6=5+4+9+6
=24
Commercial bank
Central bank
Mortgage bank
Merchant bank
Correct answer is B
Central bank is the highest financial institution in a country which carries out the monetary policy of the government. The central bank controls, regulate and supervise the components of the banking system. It lays down rules and regulation to be followed by all banks to ensure smooth operation.
When a union is composed of workers with the same skill, it is called___________
An industrial union
A workers union
A craft union
A technical union
Correct answer is C
Craft union is a labor union with membership limited to workers of the same craft. It is a union representing workers who share the same skill-set or who perform identical tasks, although they may work in different industries; for example, electricians and plumbers.
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