Question 1 of 20 72 total questions
Which of the following belongs to the capital market?
A Commercial bank
B Stock exchange
C Ministry of Finance
D Chamber of Commerce
E Discount House
The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?
A organizsing
B planning
C communicating
D directing
E coordinating
Who among the following is not involved in foreign trade?
A Factor
B Dei Credere Agent
C Wholesale Merchant
D Jobber
E Forwarding Agent
The rebate given to the retailer by the wholesaler to enable him make profit is known as?
A trade discount
B cash discount
C credit guarantee
D commission
E mark-up
A cheque that is drawn on a bank is called?
A certified cheque
B bankdraft
C bank note
D order cheque
E bearer cheque
Which of the following is not considered by banks when granting loans to customers?
A Character ofthe customer
B Amount needed
C Period of repayment
D Amount of interest payable
E Purpose of the loan
Which of the following is not considered by banks when granting loans to customers?
A Character ofthe customer
B Amount needed
C Period of repayment
D Amount of interest payable
E Purpose of the loan
The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an
A delegation
B deputising
C coordinating
D supervision
E motivation
The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?
A hedging
B black market
C dumping
D speculation
E speculation
When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
A carriage forward
B franco
C Loco
D free on board
E A free alongside ship
Which of the following is a problem facing mail order business?
A Expensive shop fronts
B cost of postage and advertisement
C Commission to agents
D Increase in branded goods
E increase in the variety of catalogues
Retail outlets which sell from specialised vans are
A supermarkets
B multiple shops
C mail orderfirms
D department stores
E mobile shops
A group of trims that produce similar goods or sen/ices is called?
A an industry
B a trade association
C a cartel
D a holding company
E an amalgam
Which of the following is not performed by the shipping and forwarding agents?
A Reservation ofshipping space
B Collection of payment from the importer
C Collection of goods from the factory
D Preparation of the bill of lading
E Arrangementfor marine insurance
The rate at which one country”s products are exchanged for the products of another is?
A balance of trade
B balance on current account
C terms of trade
D balance of payments
E foreign exchange
The rate at which one country”s products are exchanged for the products of another is?
A balance of trade
B balance on current account
C terms of trade
D balance of payments
E foreign exchange
The agreed amount payable to a policy holder when the event insured against occurs is?
A surrender value
B sum assured
C indemnity
D insurable interest
E endowment
The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
A bonus issue
B private placing
C offer for sale
D rights issue
E issue by prospectus
The raising of new capital by allowing existing shareholders the privilege to buy shares at preferential rate is called?
A bonus issue
B private placing
C offer for sale
D rights issue
E issue by prospectus
Which of the following is an example of extractive industry?
A Sewing dresses
B Constructing bridges
C Baking bread
D Assembling iron rods
E Digging for precious stones
Next
Question Navigator
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
