Question 1 of 20 178 total questions
The fee which the bank charges for services rendered to their current account customers is?
A commission on turnover
B bank rate
C minimum lending rate
D interest
The distribution of profits based upon the level of patronage in the business is a common feature of?
A partnership firms
B public limited companies
C co-operative societies
D private limited companies
An advantage of a public limited company over a private one is the?
A limited liability of shareholders
B easy transferability of shares
C access to retained earnings
D less taxation by government
Production is defined as?
A an industrial undertaking
B creation of utility
C earning ones daily bread
D the changing of raw materials
Which of the following coordinates other factors of production to achieve set objectives?
A Land
B Labour
C Enterprenuer
D Capital
Farming is an activity that falls under?
A tertiary occupation
B commercial occupation
C extractive occupation
D secondary occupation
Which of the following is an advantage of indigenization?
A Checks exploitation by citizens
B Business risk are shared
C Fosters self-reliance
D Leads to monopoly of power
The form of trade practised by the early men was characterized by?
A exchange of goods for money
B efficient distribution system
C exchange of goods for goods
D organized warehousing
Given:
A 3:50 times
B 3:00 times
C 2:00 times
D 2:18 times
One advantage of a crossed cheque is that it can?
A only be paud into a savings account
B be cashed over the bank's counter
C only be paid into the owner's account
D be cashed by anyone
A good financial instrument which serves as a hedge against inflation is?
A a bond
B a share
C an opion
D a warrant
To increase the supply of money in a country, the central bank has to?
A reduce cash ratio
B sell securities
C call on special deposits
D raise cash ratio
The fixed and current assets of a business are called?
A called up capital
B capital employed
C paid-up capital
D authorized capital
The major participants in the stock market when stock prices are rising generally are the?
A bulls
B registrars
C bears
D companies
The excess of the assets over the liabilities of a business is called?
A working capital
B net worth
C capital employed
D initial capital
From which of the following sources can partnerships increase their capital?
A Admission of a new partner
B Sale of shares
C Discharge of a mortage
D initial capital
Initial public offering is undertaken through the?
A secondary securities market
B first-tier securities market
C primary securities
D second-tier securities market
The market where only indigenous firms are considered is the?
A money market
B second-tier securities market
C local market
D stock exchange
The bank that discount bills of exchange is the?
A central bank
B mortage bank
C development bank
D comercial bank
Invisible imports consist of?
A cement, shipping and consultancy services
B banking, drinks , insurance and technical services
C consultant services, tourism and banking
D tourism, banking and canned food and cement
Next
Question Navigator
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
