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Thursday, 09 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3256:
A written instruction by a current account holder to his bank to debit his account at regular intervals with a specified amount for a given period is known as
  • A Standing order
  • B Money order
  • C Bank draft
  • D Overdraft
View Answer & Explanation
Question 3257:
A collective bundle of shares is called?
  • A Debenture
  • B Stock
  • C Bond
  • D Share
View Answer & Explanation
Question 3258:
The assets of a business that is available for cash or near cash is called
  • A Equity
  • B Capital employed
  • C Received capital
  • D Liquid capital
View Answer & Explanation
Question 3259:
The assets of a business that is available for cash or near cash is called
  • A Equity
  • B Capital employed
  • C Received capital
  • D Liquid capital
View Answer & Explanation
Question 3260:
The bank on which a cheque is drawn is known as the
  • A Drawer
  • B Drawee
  • C Cashier
  • D Payee
View Answer & Explanation