Post Utme Commerce Questions
Question 31:
Which of the following is an example of fintech service?
- A Warehouse goods preservation
- B Pipeline transport operation
- C Digital online payment platform
- D Direct mail advertising
View Answer & ExplanationQuestion 32:
Political stability encourages businesses mainly because it:
- A Reduces product distribution fully
- B Increases investor confidence greatly
- C Eliminates production activities
- D Prevents industrial expansion
View Answer & ExplanationQuestion 33:
The balance of payment account mainly records:
- A Internal commercial activities only
- B All international transactions made
- C Only government revenue collections
- D Only visible export transactions
View Answer & ExplanationQuestion 34:
Inflation mainly affects businesses through:
- A Rising operating production costs
- B Elimination of customer needs
- C Prevention of market activities
- D Reduction of technological growth
View Answer & ExplanationQuestion 35:
One major advantage of specialization is:
- A Elimination of worker training
- B Prevention of industrial growth
- C Increase in production efficiency
- D Reduction of product quality
View Answer & Explanation