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Commerce Past Questions and Answers

Commerce Questions

Question 2021:
Which of the following is not a branch of Commerce?
  • A Insurance
  • B Warehousing
  • C Trade
  • D Transport
  • E Computerisation
View Answer & Explanation
Question 2022:
Which of the following is not a negotiable instrument?
  • A Share cerficate
  • B Cheque
  • C Bill of Exchange
  • D Dividend warrant
  • E Debenture
View Answer & Explanation
Question 2023:
Those involved in obtaining the gifts of nature from land and sea are engaged in?
  • A Extractive occupation
  • B Manufacturing occupation
  • C Constructive occupation
  • D Commercial occupation
  • E Direct services
View Answer & Explanation
Question 2024:
(a) What is Credit?<br/>(b) Explain three ways by which banks grant credit to customers.<br/>(c) Give two advantages and three disadvantages of credit sales. <br/>
    View Answer & Explanation
    Question 2025:
    Explain any five ways in which nationalised industries differ from public limited companies. <br/>
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