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Monday, 13 April 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 3791:
The purpose for which the Central Bank sells securities is to
  • A Reduce the interest rate
  • B Reduce cash in the economy
  • C Increase cash in the economy
  • D Incrcase the interest rate
View Answer & Explanation
Question 3792:
The amount a current account holder is allowed to withdraw in excess of the balance in his account is ____________
  • A Standing order
  • B Overdraft
  • C Interest
  • D Credit transfer
View Answer & Explanation
Question 3793:
One of the qualities of tradable goods is ____________
  • A Divisibility
  • B Heterogeneity
  • C Homogeneity
  • D Perishability
View Answer & Explanation
Question 3794:
Which of the following instruments of payment could be used in international trade?
  • A Promissory note
  • B B. Postal order
  • C I. O.U
  • D Bill of exchange
View Answer & Explanation
Question 3795:
Differentiate between a merger and an acquisition.<br/>Explain five ways commerce is important in the life of a nation
    View Answer & Explanation