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.

716.

The target of all marketing activities is the

A.

consumer

B.

middleman

C.

producer

D.

distributor

Correct answer is A

No explanation has been provided for this answer.

717.

Consumer protection council places an obligation on producers to ensure that their products

A.

are wholesome and safe

B.

are cheap

C.

do not evade customs examination

D.

are branded

Correct answer is A

No explanation has been provided for this answer.

718.

A principal member of the stock exchange who buys and sells securities on his own is a

A.

jobber

B.

promoter

C.

broker

D.

speculator

Correct answer is A

A jobber is a principal or wholesaler who deals only on the Stock Exchange with brokers, not directly with the public. 

A stock jobber holds shares on their own books and created market liquidity by buying and selling securities, and matching investors' (buy and sell orders through their brokers, who were not allowed to make markets)

719.

The central bank sometimes calls for special deposits from the commercial banks in order to

A.

reduce bank lending

B.

increase bank lending

C.

withraw defaced currencies

D.

issue notes and coins

Correct answer is A

No explanation has been provided for this answer.

720.

Debentures which are secured by the fixed assets of a company are called

A.

Mortgaged Debenture

B.

Naked Debenture

C.

Redeemable debenture

D.

irredeemable Debenturs

Correct answer is C

No explanation has been provided for this answer.