Commerce

An association businessman including manufacturers, traders, bankers and people engaged in business in an area is known as?

A. trade associate B. chamber of commerce C. trade union D. cooperative society Correct Answer: Option B B. chamber of…

6 years ago

The turnover of a company will improve if the company increases?

A. Advertising B. prices of goods C. production D. warehousing facilities Correct Answer: Option C C. production

6 years ago

Which of the following is a function of a warehouse?

A. Stabilizing prices B. Increasing competition C. Stimulating demand D. Controlling quality Correct Answer: Option A A. Stabilizing prices

6 years ago

Which of the following is not feature of a department store?

A. Located at the centre of the city B. Bulk buying C. Attractive layout D. Seling one line of goods…

6 years ago

Which of the following is not a marketing function?

A. Advertising B. Insurance C. Packaging D. Transportation Correct Answer: Option B B. Insurance

6 years ago

A specially designed container to convey crude oil or liquid from another location to another is a?

A. launche B. tanker C. ferry D. coaster Correct Answer: Option B B. tanker

6 years ago

The portion authorized capital made available to the public for subscription is?

A. called-up capital B. paid-up capital C. call in arrears D. issued capital Correct Answer: Option D D. issued capital

6 years ago

Which of the following is not a function of the ports Authority?

A. Ensuring safe movement of ships B. Collecting import and export duties C. Providing warehouse services D. Ensuring law and…

6 years ago

When a bill is paid before its date at a lesser value, it is?

A. accepted B. discounted C. dishonoured D. retired Correct Answer: Option B B. discounted

6 years ago

Which of the following is not used to correct adverse balance of payment?

A. Increasing imports B. Increasing exports C. Decreasing import D. Devaluation Correct Answer: Option A A. Increasing imports

6 years ago