The main similarity between commercial banks and other financial institution is?
the acceptance of customers' deposit and making on their behalf
financing of balance of payment deficits
creating and destroying money
giving credits to individuals or organizations
giving night safe facilities
Correct answer is A
No explanation has been provided for this answer.
Which of the following is not a reason for forming a customer association?
Protection against poor quality goods
Protection against unscrupulous salesmen
Improving the quality of goods to consumers
Improving the quality of services to shoppers
Making profit for consumers
Correct answer is E
No explanation has been provided for this answer.
UTC, kingsway Stores and Leventis Stores are typical examples of?
Telephone
Recorded delivery
Telex
Express mail
Bill of lading
Correct answer is B
No explanation has been provided for this answer.
A term embracing buying, selling and distributing of goods and services is known as?
wholesale trade
retail trade
commerce
market mix
marketing concept
Correct answer is C
No explanation has been provided for this answer.
A trade agreement in which two countries exchange goods and services is known as?
export trade
bilateral trade
multilateral trade
entrepot trade
barter trade
Correct answer is B
No explanation has been provided for this answer.