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Commerce Past Questions and Answers

Commerce Questions

Question 3701:
The right to buy or sell stock exchange with a stipulated period is?
  • A Option
  • B Contango
  • C Backwardation
  • D Brokerage
View Answer & Explanation
Question 3702:
The share value stated on a share certificate is?
  • A Above par value
  • B Below par value
  • C Market value
  • D Nominal value
View Answer & Explanation
Question 3703:
The bank which acts as the lender of last resort is the?
  • A Central bank
  • B Commercial bank
  • C Merchant bank
  • D Mortgage bank
View Answer & Explanation
Question 3704:
The issue of shares which allows existing shareholders to buy shares at a preferential price is?
  • A Bonus issue
  • B Offer for sale
  • C Public offer
  • D Rights issue
View Answer & Explanation
Question 3705:
The financial market where existing shares and bonds are bought and sold is the?
  • A Forex market
  • B Stock market
  • C Money market
  • D Commodity market
View Answer & Explanation