Commerce

A document sent by a seller to inform a buyer about the prices of goods is the?

A. catalogue B. price list C. credit note D. proforma invoice Correct Answer: Option B - price list

4 years ago

Most of the barriers to international trade have been eliminated through?

A. diversification B. globalization C. commercialization D. privatization Correct Answer: Option B - globalization

4 years ago

Balance of payments is made up of?

A. visible and current items B. invisible and capital items C. current and capital items D. visible and invisible items…

4 years ago

A warehouse which is used to store goods whose customs duty is not yet paid is a?

A. wholesale warehouse B. bonded warehouse C. public warehouse D. branded warehouse Correct Answer: Option B - bonded warehouse

4 years ago

A type of retail trade where a group of similar stores which is owned by a firm operates in different locations is a?

A. conglomerate B. chain stores C. departmental store D. suppermarket Correct Answer: Option B - chain stores

4 years ago

A source of capital that has elements of debt and equity is a?

A. debenture B. warrant C. loan D. share Correct Answer: Option D - share

4 years ago

A trader who gives credit stands to enjoy?

A. higher profit B. cash discount C. increased sales D. trade discount Correct Answer: Option C - increased sales

4 years ago

An account maintained with a commercial bank for the purpose of foreign exchange transaction is the?

A. foreign account B. international account C. domiciliary account D. foreign reserves account Correct Answer: Option C - domiciliary account

4 years ago

In order to prevent Liquidity in commercial banks; the central banks uses?

A. moral suasion B. fiscal policy C. reserve ratio D. taxation Correct Answer: Option C - reserve ratio

4 years ago