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Commerce Past Questions and Answers

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Waec Commerce Questions

Question 1636:

Which of the following justifies the existence of public enterprises

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A Making quick decision
B Creating monopoly
C Making profit for government
D Providing essential services

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Question 1637:

Who among the following has no voting right?

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A Preffered ordinary share holders
B Ordinary shareholders
C Deffered shareholders
D Debenture holders

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Question 1638:

One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to

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A Settle interbank indebtedness
B Lend to poor countries
C Oversee the activities of banks abroad
D Encourage trade liberalization

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Question 1639:

Life assurance premium is determined by the assured's

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A Educational level
B Age
C Reputation
D Number of children

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Question 1640:

Which of the following is not a function of the commercial bank?

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A Collection of deposit
B Safe custody services
C Issuing of currency
D Agents of payment

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