Commerce

A type of policy where the assured or his dependents will not get anything if he dies within the period of the policy is known as?

A. group policy B. whole life policy C. endowment policy D. term policy Correct Answer: Option D C. endowment policy

6 years ago

Which of the following are exclusively functions of marketing?

A. Buying, pricing, selling and promotion B. Risk-bearing, storage, production and transporting C. Organizing, risk-bearing, transporting and storage D. Production,…

6 years ago

The police and the army are engaged in?

A. direct service occupation B. indirect service occupation C. industrial occupation D. primary occupation Correct Answer: Option B B. indirect…

6 years ago

Which of the following is not a function of the commercial bank?

A. Collection of deposit B. Safe custody services C. Issuing of currency D. Agents of payment Correct Answer: Option C…

6 years ago

One of the main objectives of International Bank for Reconstruction and Development (IBRD) is to?

A. settle interbank indebtedness B. lend to poor countries C. oversee the activities of banks abroad D. encourage trade liberalization…

6 years ago

Who among the following has no voting right?

A. Preferred ordinary shareholders B. Ordinary shareholders C. Deferred shareholders D. Debenture holders Correct Answer: Option D D. Debenture holders

6 years ago

Which of the following justifies the existence of public enterprises?

A. Making quick decision B. Creating monopoly C. Making profit for government D. Providing essential services Correct Answer: Option D…

6 years ago

The owners of a public limited company are?

A. board of directors B. management team C. shareholders D. government Correct Answer: Option C C. shareholders

6 years ago

Which of the following is not an example of Marine insurance?

A. Fidelity B. Hull C. Cargo D. Freight Correct Answer: Option A A. Fidelity

6 years ago

A sale agreement whereby the buyer takes possession but not title to the goods is?

A. credit purchase B. hire purchase C. auction sales D. direct sales Correct Answer: Option A A. credit purchase

6 years ago