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.

1,196.

Which of the following gives businessmen the opportunity to buy shares of public limited companies?

A.

insurance companies

B.

commercial banks

C.

discount houses

D.

the stock exchange

Correct answer is D

No explanation has been provided for this answer.

1,197.

Which of the following services is rendered by Central Bank?

A.

provision of brokerage services

B.

safe keeping of cash and valuables

C.

discounting bills of exchange

D.

issuing currency notes

Correct answer is D

No explanation has been provided for this answer.

1,198.

The primary objective of insurance is to

A.

prevent accidents

B.

meet uncertainties in future

C.

give loan to business men

D.

ontrol the flow of cash

Correct answer is C

No explanation has been provided for this answer.

1,199.

A bill of exchange is made up more negotiable if it has been

A.

endorsed

B.

accepted

C.

honoured instantly

D.

given special crossing

Correct answer is B

No explanation has been provided for this answer.

1,200.

A bill of exchange is made more negotiable if it has been

A.

endorsed

B.

accepted

C.

honoured instantly

D.

given special crossing

Correct answer is B

No explanation has been provided for this answer.