Commerce Past Questions and Answers

Which of the following is NOT backed by gold but by government securites?

The type of wholesaler that combines selling, delivery and collection in one operation is

(a) With the aid of a diagram, show the different classes of occupation.
(b) What is occupation?
(c) Explain with one example each, three classes of occupation shown in 1 (b) above.

(a) What is a vending machine?
(b) State six reasons why supermarkets are popular with shoppers.

(a) Outline five functions of commercial banks.
(b) List and explain five ways the central bank controls the commercial banks.