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Friday, 10 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3626:
The purpose of commercialization is to?
  • A Encourage the participation of the private sector
  • B Make state-owned firms more efficient
  • C Encourage the flow of foreign capital
  • D Enable state-owned firms pay tax
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Question 3627:
Which of the following is a legal tender?
  • A Cheque
  • B Travellers cheque
  • C Bank note
  • D Goldsmith receipt
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Question 3628:
Labour as an input in production can be motivated by
  • A Training
  • B Profit
  • C Remuneration
  • D Promotion
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Question 3629:
The minimum lending rate of a bank is a component of its
  • A Current assets
  • B Debit balances
  • C Credit balance
  • D Fixed assets
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Question 3630:
(a) List and explain two factors that limit the application of division of labour.<br/>(b) Enumerate two disadvantages of division of labour.<br/>(c) Discuss five advantages of division of labour.
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