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.

3,231.

The element of the marketing mix are

A.

product promotion, place and price

B.

personal selling, advertising and research

C.

promotion, production, place and price

D.

procurement, price, product and place

Correct answer is A

No explanation has been provided for this answer.

3,232.

The second tier security market is

A.

an appendage to the Nigeria stock exchange

B.

a member of the Nigeria stock exchange

C.

meant for the shares of quoted private companies

D.

a regulating arm of the Nigerian stock exchange

Correct answer is B

No explanation has been provided for this answer.

3,233.

The business in the stock exchange is characterized essentially by

A.

dealing

B.

brokerage

C.

speculations

D.

transactions

Correct answer is A

No explanation has been provided for this answer.

3,234.

Which of the following is both direct and indirect credit enterprise?

A.

A co-operative and thrift society

B.

retail co-operative society

C.

consumer co-operative society

D.

wholesaler co-operative society

Correct answer is A

No explanation has been provided for this answer.

3,235.

The financial institution established to boost Nigeria's trade with the rest of the world is called

A.

Nigerian Deposit Insurance Corporation

B.

Nigerian Economic Reconstruction Fund

C.

Nigerian Industrial Development Bank

D.

Nigerian Export-Import Bank

Correct answer is D

No explanation has been provided for this answer.