Commerce (2016) | Study Mode

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Question 1
A
demurrage charges
B
premium charges
C
excess charges
D
trade charges
Explanation

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Correct option: A
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Question 2
A
concentration segmentation
B
market concept
C
consumer orientation
D
market penetration
Explanation

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Correct option: D
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Question 3
A
store of value
B
medium of exchange
C
measure of value
D
unit of account
Explanation

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Correct option: A
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Question 4
A
government
B
agents
C
retailers
D
wholesalers
Explanation

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Correct option: D
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Question 5
A
voluntary liquidation
B
bankruptcy
C
recession
D
involuntary liquidation
Explanation

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Correct option: A
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Question 6
A
RAM
B
ROM
C
Floppy disk
D
flash drive
Explanation

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Correct option: A
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Question 7
A
creating avenues for investment
B
regulating competition amongst companies
C
granting financial assistance to consumers
D
increasing companies profit margins
Explanation

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Correct option: A
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Question 8
A
primary production
B
secondary production
C
tertiary production
D
direct production
Explanation

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Correct option: A
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Question 9
A
Constructive occupation
B
Manufacturing occupation
C
Industrial occupation
D
Commercial occupation
Explanation

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Correct option: D
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Question 10
A
secondary production
B
tertiary production
C
primary production
D
direct production
Explanation

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Correct option: A

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