Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following gives businessmen the opportunity to buy shares of public limited companies?
insurance companies
commercial banks
discount houses
the stock exchange
Correct answer is D
No explanation has been provided for this answer.
Which of the following services is rendered by Central Bank?
provision of brokerage services
safe keeping of cash and valuables
discounting bills of exchange
issuing currency notes
Correct answer is D
No explanation has been provided for this answer.
The primary objective of insurance is to
prevent accidents
meet uncertainties in future
give loan to business men
ontrol the flow of cash
Correct answer is C
No explanation has been provided for this answer.
A bill of exchange is made up more negotiable if it has been
endorsed
accepted
honoured instantly
given special crossing
Correct answer is B
No explanation has been provided for this answer.
A bill of exchange is made more negotiable if it has been
endorsed
accepted
honoured instantly
given special crossing
Correct answer is B
No explanation has been provided for this answer.