Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.
The charges imposed by the government on locally manufactured goods is called
Acustoms duties
Bexcise duties
Ctariffs
Dquota
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Question 22
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The process of making goods attractive and easy to handle is
Abranding
Bmerchandising
Cpackaging
Dlabelling
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Question 23
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Farmers and all other workers concerned with getting raw materials from the earth are engaged in
Acommercial occupation
Bmanufacturing occupation
Cconstructive occupation
Dextractive occupation
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Question 24
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Babou Penn, a fisherman says he has all necessary materials to go to sea today, except the captain of his boat . Captain here as a factor of production refers to
Aenterpreneur
Bcapital
Clabour
Dland
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Question 25
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Production is defined as
Aan industrial activity
Bcreation of utilities
Cthe exchange of goods and services
Dchanging of raw materials into finished goods
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Question 26
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Which of the following is not a function of commerce?
