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.

2,816.

What is the role of the capita; market in the privatization exercise in Nigeria?

A.

Selling the shares and stocks of the companies to be privtized

B.

Encouraging private companies to participate inthe exercise

C.

Negotiating with individuals who want to buy public companies

D.

Advertising for governement

Correct answer is A

No explanation has been provided for this answer.

2,817.

The shares of a company listed on the stock exchange for sale are referred to as?

A.

registered shares

B.

deferred shares

C.

issued shares

D.

quoted shares

Correct answer is D

No explanation has been provided for this answer.

2,818.

The instruments of credit includes?

A.

billboards and postal stamps

B.

payment vouchers and statement of account

C.

bills of exchange and promissory notes

D.

bills of exchange and salary salary vouchers

Correct answer is C

No explanation has been provided for this answer.

2,819.

In a primary market, new shares are issued through?

A.

personal selling, publicity and advertising

B.

a prospectus, an offer for sale and bill of exchange

C.

advertising a prospectus, and bill of exchange

D.

a prospectus, an offer for sale and placing

Correct answer is B

No explanation has been provided for this answer.

2,820.

Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?

A.

bank rates

B.

credits charges

C.

interest rates

D.

bank charges

Correct answer is A

No explanation has been provided for this answer.