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Thursday, 02 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 2826:
An organization formed mainly by traders on the same line of business is known as
  • A Trade union
  • B Cooperative society
  • C Trade association
  • D Chamber of commerce
View Answer & Explanation
Question 2827:
A bank's undertaking to pay an exporter on behalf of an importer is a
  • A Documentary credit
  • B Letter of credit
  • C Letter of hypothecation
  • D Bill of exchange
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Question 2828:
Who among the following cannot be regarded as an itinerant trader
  • A Gypsy
  • B Barrow boy
  • C Pedlar
  • D Stall owner
View Answer & Explanation
Question 2829:
Which of the following will not be considered in choosing a channel of distribution?
  • A Nature of product
  • B Preferences of customers
  • C Volume of sales
  • D Quality of product
View Answer & Explanation
Question 2830:
A manufacturer of goods that are seasonally demanded will be in dire need of a
  • A Wealthy customer
  • B Suitable means of transport
  • C Warehouse
  • D Large house frontage
View Answer & Explanation