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Wednesday, 01 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2751:
The liquid assets of commercial banks are
  • A Treasury bills, bills of exchange and cash
  • B Cash, current account and other money-bearing assets
  • C Deposit accounts and cash
  • D Cash only
View Answer & Explanation
Question 2752:
The insurance policy which covers damages to the body of a ship is
  • A Marine insurance
  • B Cargo insurance
  • C Ship liability insurance
  • D Hull insurance
View Answer & Explanation
Question 2753:
Which of the following central bank functions inspires confidence in the banking system in case of emergency?
  • A Issuing of currency
  • B Lender of last resort
  • C Baker's bank
  • D Banker to the government
View Answer & Explanation
Question 2754:
Which of the following proves that important documents have reached their destination?
  • A Business reply services
  • B Telegram services
  • C Recorded delivery services
  • D Express delivery services
View Answer & Explanation
Question 2755:
The main advantage of sea transport over air transport is
  • A Capacity
  • B Speed
  • C Safety
  • D Patronage
View Answer & Explanation