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.
When a share is bought at a rate below the par value, it is said to have been sold?
at a discount
cum div
at a premium
ax-div
pro-rata
Correct answer is A
No explanation has been provided for this answer.
A'bear' on the stock exchanges sells share in anticipation of?
a fall in price
a rise in price
a change in price
the liquidation of the company concerned
new issues
Correct answer is A
No explanation has been provided for this answer.
Which of the following enhances the leading powers of commercial banks?
High bank rate
Increased cash reserve ratio
Provision for bad and doubtful debts
Decreased liquidity ratio
Increased Capital base
Correct answer is D
No explanation has been provided for this answer.
The naria is legal tender because it is?
recongnizable
backed by law
generally acceptable
homogeneous
portable
Correct answer is B
No explanation has been provided for this answer.
export licence
import licence
dock warrant
bill of lading
consular invoice
Correct answer is A
No explanation has been provided for this answer.