Which of the following is a function of marketing?
A. manufacturing B. quality control C. book-keeping D. distribution E. extraction Correct Answer: Option D – distribution
A ‘bear’ on the stock exchanges sells share in anticipation of?
A. a fall in price B. a rise in price C. a change in price D. the liquidation of the company concerned E. new issues Correct Answer: Option A – a fall in priceWhich of the following enhances the leading powers of commercial banks?
A. High bank rate B. Increased cash reserve ratio C. Provision for bad and doubtful debts D. Decreased liquidity ratio E. Increased Capital base Correct Answer: Option D – Decreased liquidity ratio
The naria is legal tender because it is?
A. recognizable B. backed by law C. generally acceptable D. homogeneous E. portable Correct Answer: Option B – backed by lawA document issued by the government authorizing a person to take goods out of the country for sale abroad is known as?
A. export license B. import license C. dock warrant D. bill of lading E. consular invoice Correct Answer: Option A – export licenseProducts
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