Commerce

The mode of transport that conveys goods at low cost per unit is?

A. road B. rail C. pipeline D. air Correct Answer: Option B B. rail

6 years ago

The liquid assets of commercial banks are?

A. treasury bills, bills of exchange and cash B. cash, current account and other money-bearing assets C. deposit accounts and…

6 years ago

The main advantage of sea transport over air transport is?

A. capacity B. speed C. safety D. patronage Correct Answer: Option A A. capacity

6 years ago

Which of the following proves that important documents have reached their destination?

A. business reply services B. telegram services C. recorded delivery services D. express delivery services Correct Answer: Option D D.…

6 years ago

Which of the following central bank functions inspires confidence in the banking system in case of emergency?

A. issuing of currency B. lender of last resort C. baker's bank D. banker to the government Correct Answer: Option…

6 years ago

The insurance policy which covers damages to the body of a ship is?

A. marine insurance B. cargo insurance C. ship liability insurance D. hull insurance Correct Answer: Option D D. hull insurance…

6 years ago

Which of the following gives businessmen the opportunity to buy shares of public limited companies?

A. insurance companies B. commercial banks C. discount houses D. the stock exchange Correct Answer: Option D D. the stock…

6 years ago

Which of the following services is rendered by Central Bank?

A. provision of brokerage services B. safe keeping of cash and valuables C. discounting bills of exchange D. issuing currency…

6 years ago

The primary objective of insurance is to?

A. prevent accidents B. meet uncertainties in future C. give loan to business men D. control the flow of cash…

6 years ago

A bill of exchange is made more negotiable if it has been?

A. endorsed B. accepted C. honoured instantly D. given special crossing Correct Answer: Option B B. accepted

6 years ago