Commerce Questions and Answers
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Test and improve your knowledge of the fundamentals of buying and selling with these Commerce past questions and answers.
Which of the following policies qualifies the holder to income to income tax relief?
Accident insurance
Public liability insurance
Comprehensive insurance
Endowment assurance
Fidelity guarantee insurance
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not true of insurance?
A large number of people face the same risk
Possibility of making a profit out of an event
only a small number will actually suffer the loss in any one year
A large making makes a small contribution to common pool
Possibility of assessing the frequency of occurrence of the event
Correct answer is B
No explanation has been provided for this answer.
Which of the following belongs to the capital market?
Commercial bank
Savings bank
Stock exchange
Bureau de change
Clearing house
Correct answer is C
No explanation has been provided for this answer.
Which of the following is not true of insurance?
A large number of pecple face the same risk
A Possibility of making profit out of an event
only a small number will actually suffer the loss in any one year
A large number makes a small contribution to a common pool
Possibility of assessing the frequency of occurrence of the event
Correct answer is B
No explanation has been provided for this answer.
Which of the following belongs to the capital market?
Commercial bank
Savings bank
Stock exchange
Bureau de change
Clearing house
Correct answer is C
No explanation has been provided for this answer.