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Commerce Past Questions and Answers

Commerce Questions

Question 2016:
Firms merge in order to?
  • A Discourage the employment of specialists
  • B Encourage competition
  • C Discourage the use of each other’s bye-products
  • D Create a monopoly
  • E Decrease the size of the business
View Answer & Explanation
Question 2017:
Firms merge in order to?
  • A Discourage the employment of specialists
  • B Encourage competition
  • C Discourage the use of each other’s bye-products
  • D Create a monopoly
  • E Decrease the size of the business
View Answer & Explanation
Question 2018:
Which of the following is responsible for carrying oiut the monetary policy of a country?
  • A The Ministry of Finance
  • B International Monetary Fund
  • C Internal Revenue Board
  • D The Central Bank
  • E The World Bank
View Answer & Explanation
Question 2019:
Which of the following indicates the manufacturer from whom goods are to be bought?
  • A Open indent
  • B Closed indent
  • C Consignment note
  • D Export invoice
  • E Certificate of origin
View Answer & Explanation
Question 2020:
Which of the following is not a branch of commerce?
  • A Trade
  • B Transport
  • C Warehousing
  • D Production
  • E Banking
View Answer & Explanation