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Commerce Past Questions and Answers

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Commerce Questions

Question 1511:

Which of the following is not a means of effecting payment through current account?

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A Cheques
B Standing orders
C Giro system
D Credit transfer
E Credit card

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Question 1512:

A bill holder wishing to dispose of his bills before maturity would be paid?

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A The discount value of the bill
B The present value of the bill
C The premium on the bills only
D The accumulated interest on the bills
E Total face value of the bills with the premium

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Question 1513:

Which of the following is not a necessary seaport facility?

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A Berth
B Warehouse
C Containers
D Cranes
E Tramac

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Question 1514:

The main disadvantage of rail transport to traders is that?

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A It carries bulky goods only
B Its cost of carriage is high
C It is slow and flexible
D It causes road congestion
E It travels on schedule

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Question 1515:

A telephone call within a town is called?

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A Home call
B Trunk call
C District call
D Zonal call
E Local call

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