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Commerce Past Questions and Answers

Commerce Questions

Question 1556:
The major divisions of Commerce are?
  • A Import, export and transport
  • B Trade, communication and warehousing
  • C Trade and auxiliaries to trade
  • D Exchange, consumption and production
  • E Import, trade and production
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Question 1557:
Which of the following statements is not true?
  • A Commercial services are the life's blood of a country's economic system
  • B There cannot occur commercial services unitl goods have been produced
  • C Without commercial services must goods and services will not produced
  • D There is no stage of production that does not employ commercial services
  • E Commercial services add to the value of a product
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Question 1558:
The three main division of production include industrial?
  • A Commercial banking services
  • B Commercial and services
  • C Transportation and services
  • D Manufacturing and services
  • E Banking and services
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Question 1559:
Which of the following does not belong to the industry?
  • A Farming
  • B Insuring
  • C Mining
  • D Drilling
  • E Fishing
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Question 1560:
Which of the following is one of the functions of commerce?
  • A Manufacturing
  • B Growing of tomatoes
  • C Storage of goods
  • D Construction of roads
  • E Car assemblying
View Answer & Explanation