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.
The principal objectives of the Central Bank of Nigeria can be classified broadly into?
bankers' bank lender of last resort and issuance of currency
service, currency management and financial intermediation
banking services, foreign exchange operations and open markets operations
service, monetary policy and developmental functions
Correct answer is A
No explanation has been provided for this answer.
In product pricing, which of this element needs more consideration than others?
the demand for the product
the demography of the buyers of the product
the economic conditions in the markkets
the cost of producing the product
Correct answer is D
No explanation has been provided for this answer.
Securities on which the buyers are not issued with certificate are called?
authorized securities
inscribed securities
bearer securities
registered securities
Correct answer is B
No explanation has been provided for this answer.
One of the most important function of marketing is?
encouraging research activitiesto meets needs
creating classesof merchant among businessmen
the extension of market for businessmen
providing finances to business
Correct answer is A
No explanation has been provided for this answer.
Which of the following industries is normally located near the source of its raw materials?
Footware industry
Cement industry
Textile industry
Automobile assembly
Correct answer is B
No explanation has been provided for this answer.