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.

2,671.

A distinctive advantage of GSM is its?

A.

mobility

B.

cost

C.

stability

D.

coverage

Correct answer is A

A major advantage of the GSM as a means of communication is the ease of carrying it around without feeling cumbersome

2,672.

Digital computer is divided into?

A.

analogue, hybrid and mini

B.

super, maniframe, mini and micro

C.

mainframe, hybrid and micro

D.

super, mainframe, micro and analogue

Correct answer is B

Based on the size and type of the device, digital computers are classified into four categories.

  • Microcomputer
  • Minicomputer
  • Mainframe computer
  • Supercomputer

2,673.

The World Tourism Organization has its headquarters in?

A.

New York

B.

Paris

C.

Madrid

D.

London

Correct answer is C

The World Tourism Organization a United Nations agency responsible for the promotion of responsible, sustainable, and universally accessible tourism has its headquarters in Madrid, Spain since 1976.

2,674.

One of the functions of the Nigeria Ports Authority is the provision of?

A.

facilities to enhance the speedy loading and offloading of cargoes

B.

facilities to ensure that goods get to their destinations

C.

shelter for operators of cargoes

D.

courier services to ensure speedy delivery

Correct answer is A

The statutory duties and functions include

  • Develop, own and operate ports and harbors

  • Provide a safe and navigable channel
  • Offer cargo handling and storage services
  • Maintain Port facilities and equipment
  • Ensure safety and security
  • Develop and own property

2,675.

An agreement by the insurer to compensate the insured for losses suffered is?

A.

policy

B.

surrender value

C.

caveat emptor

D.

indemnity

Correct answer is D

Indemnity in insurance refers to an insurance policy that compensates an insured party for certain unexpected damages or losses up to a certain amount