Question 1 of 20 1,707 total questions
The mode of transporting crude oil to the ports for export purposes is by
A tanker
B rail
C road
D pipeline
The type of computer commonly found in office is?
A laptop
B desktop
C the hybrid computer
D the mainframe computer
Which of the following is used to inform the addressee that a registered parcel is ready for collection?
A Express label
B Counterfoil
C Telegram
D Slip
The unit through which result of a processed data are displayed is the?
A logic unit
B display unit
C control unit
D output unit
Which of these insurance principles requires a close connection between the actual loss suffered and the risk insured?
A indemnity
B proximate cause
C Contribution
D Subrogation
the machine used for sending telex messages is known as a?
A radar
B fax machine
C dictaphone
D teleprinter
Under the endowment policy, the money handed over to the insured at the expiration of the stipulated time or at death is the?
A indemnity
B surrender value
C lump sum benefit
D insurance premium
An author’s exclusive righto his published and unpublished works is known as?
A authors right
B constitution right
C patent right
D copyright
The commercialization of public enterprises is aimed at?
A increasing efficiency and making the enterprises self-sufficient
B advertising and promoting the goods and services of the enterprises
C increased assistance and patronage of the enterprises by the public
D selling the goods and services of the enterprises
Awarding scholarships and sponsoring sports by a business organization are example of?
A advertising strategy
B economic responsibility
C marketing strategy
D social responsibility
The agency in Nigeria which ensures that products conform to government quality specifications is the?
A Standards Organization of Nigeria
B Nigerian Consumers’ Association
C Manufacturers’ Association of Nigeria
D Nigerian Chamber of commerce
A core investor in the current phase of privatization in Nigeria is one who?
A can afford to buy most of the shares of the enterprises
B will be at the core of the enterprises
C can mobilize foreign currency equivalent to the value of the enterprises
D has the technical know-how of the enterprises
Which of the following countries are members of the lake Chad Basin Commission?
A Niger and Cameroun
B Benin and Nigeria
C Chad and Benin
D Nigeria and Mali
Okeze contracted to sell TV sets to Ojo. Unknown to them, the sets were stolen in transit. This contract may be terminated on the ground of
A bankruptcy
B frustration
C fraudulence
D breach of contract
The agency that currently oversees the privatization and
A Securities and Exchange Commission
B Technical Committee on privatization and commercialization
C Nigeria Stock Exchange
D Bureau of Republic Enterprises
Capital as a factor of production can be used as?
A Money that is regarded as assets
B Goods that are useful in business
C Input for further production
D Services that provide satisfaction
Which of the following best described the scope of commerce
A All forms of commercial exchanges relating to industry
B Buying and selling and the construction industry
C All occupational exchanges relating to industries and commercial activities
D Buying and selling as well as the extraction of natural resources
The major responsibility of an entrepreneur is?
A Employing all factors of production in the business
B coordinating and determining the proportion of what to produce
C planning and organizing all activities in the business
D directing and controlling all the affairs of the business
Secondary production has to do with changing the?
A shape of raw materials through construction operations
B physical form of raw materials into finished goods
C utility of raw materials by an engineering process
D nature of raw materials through manufacturing processes
The most important factor that delayed the development of commerce in Nigeria was?
A A.the inefficient means of communication
B that there were few entrepreneurs
C that there were few developed markets
D secondary production has to do with changing the?
Next
Question Navigator
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
