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1.
Which of the following regulates and controls the activities in the Nigeria Stock Exchange?
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A.
SEC
B.
BPE
C.
CBN
D.
NDIC

2.
The payment made by a speculator to the buyer when he is unable to deliver stocks on the agreed date is
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A.
backwardation
B.
Franco
C.
arbitrage
D.
contango

3.
Part payments made on allotted shares by subscribers is usually the
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A.
issued capital
B.
subscribed capital
C.
called-up capital
D.
authorized capital

4.
A loan to a customer with a cheque account at a bank in which the account is allowed to go into debit is
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A.
advance
B.
over draft
C.
commission
D.
interest

5.
Money is generally acceptable for transaction due to
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A.
the rule of the law
B.
its acceptability in the global market
C.
the legal backing
D.
the Central Bank Governor's signature

6.
Trade fairs in Nigeria are organized by
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A.
Ministry of commerce and industry
B.
chambers of commerce
C.
The federal Government
D.
Manufacturer's Association of Nigeria

7.
Goods and services are made available to consumers through
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A.
the advertising agency
B.
sales promotion
C.
the channel of distribution
D.
the middle men

8.
An organization which focuses on consumer satisfaction is practising
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A.
marketing concept
B.
selling concept
C.
consumerism
D.
market segmentation

9.
One of the major disadvantages of pipeline transportation is its
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A.
high maintenance cost
B.
high cost of construction
C.
Limitation in scope
D.
vulnerability to climate changes

10.
The business organization that can effectively combine management with control is
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A.
co-operation society
B.
public limited liability company
C.
private limited liability company
D.
sole proprietorship

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