Commerce (2017) | Study Mode

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Question 31
A
discount treasury bills
B
give loans to the public
C
saves valuable of individual
D
serves as lender of last resort
Explanation
Options A, B,C are duties carried out by the commercial banks. Central bank is the apex bank. They offer loans to banks or other eligible institutions that are experiencing financial difficulties and have no other means of borrowing and fails to obtain credit.

Correct option: D
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Question 32
A
Stroke
B
Consumerism
C
Picketing
D
Demonstration
Explanation
Consumerism is defined as an organised efforts by individuals, groups and government to help protect consumers from policies that infringes consumers' right to fair business right.

Correct option: B
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Question 33
A
long-term securities are sold
B
all types of securities are sold
C
short-term securities are sold
D
medium term securities are sold
Explanation
This is where securities are bought and sold.

Correct option: B
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Question 34
A
level of exposure
B
resources control
C
government policies
D
peer group
Explanation

Explanation not provided, please join discuss, your contributions are welcomed


Correct option: D
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Question 35
A
conditioning
B
blending
C
merging
D
synthesis
Explanation
This is the mixture or combination of a substance with another substance so that they combine together.

Correct option: B
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Question 36
A
universal power storage
B
central processing unit
C
keyboard
D
monitor
Explanation
It is the brain of a computer. The CPU processes and interprets data to information.

Correct option: B
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Question 37
A
taxes to government
B
dividends to shareholder
C
interest on loans
D
premium on insurance
Explanation
These are receipts from individual's income taxes, corporate income taxes, gift and estate taxes.

Correct option: A
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Question 38
A
employees
B
customers
C
entrepreneur
D
manager
Explanation
Organises business venture and assumes the risk.

Correct option: C
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Question 39
A
primary and secondary-tier market
B
secondary and primary market
C
money and commodities market
D
commercial and mortgage market
Explanation
Primary market refers to the market where securities are bought while secondary market is a market where existing securities are traded.

Correct option: B
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Question 40
A
sales promotion
B
market promotion
C
product promotion
D
market orientation
Explanation
Focuses on delivering products designed according to customer desires, needs and requirements.

Correct option: D

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