Search SchoolNGR

Commerce Past Questions and Answers

[share]

Waec Commerce Questions

Question 861:

Which of the following is not connected with after-sales services?

SchoolNGR Classroom

A Installment
B Granting trade discount
C Providing spare parts
D Repairing of product
E Replacing damaged goods

View Answer & Explanation

Question 862:

Credit in business transaction is?

SchoolNGR Classroom

A A form of loan
B Compliment to a good customer
C Provision of services
D A means of saving money
E A rebate for large purchases

View Answer & Explanation

Question 863:

Which of the following is true of rail transport?

SchoolNGR Classroom

A Suitable for perishable goods
B Fast over long distances
C Maximum handling of goods
D Gaurantees safety of goods
E Does not travel on schedule

View Answer & Explanation

Question 864:

Which of the following is not a means of controlling credit by the Central Bank?

SchoolNGR Classroom

A Fixing the bank rate
B Open market operations
C Clearing inter-bank indebtedness
D Special deposits
E Cashliquidity ratio

View Answer & Explanation

Question 865:

Which of the following is not a function of Development Banks?

SchoolNGR Classroom

A Give long-term loans
B Invest directly into Agriculture
C Issue currency notes
D Give technical advice to investors
E Embark on priority projects of governments

View Answer & Explanation

Stay Updated

Follow us on:

Subjects