Which of the following belongs to the capital market?
- A. Commercial bank
- B. Stock exchange
- C. Ministry of Finance
- D. Chamber of Commerce
- E. Discount House
The giving of clear instructions and information to all concerned in an organisation to ensure proper understanding of decisions and policies is?
- A. organizsing
- B. planning
- C. communicating
- D. directing
- E. coordinating
Who among the following is not involved in foreign trade?
- A. Factor
- B. Dei Credere Agent
- C. Wholesale Merchant
- D. Jobber
- E. Forwarding Agent
The rebate given to the retailer by the wholesaler to enable him make profit is known as?
- A. trade discount
- B. cash discount
- C. credit guarantee
- D. commission
- E. mark-up
The rebate given to the retailer by the wholesaler to enable him make profit is known as?
- A. trade discount
- B. cash discount
- C. credit guarantee
- D. commission
- E. mark-up
A cheque that is drawn on a bank is called?
- A. certified cheque
- B. bankdraft
- C. bank note
- D. order cheque
- E. bearer cheque
A cheque that is drawn on a bank is called?
- A. certified cheque
- B. bankdraft
- C. bank note
- D. order cheque
- E. bearer cheque
Which of the following is not considered by banks when granting loans to customers?
- A. Character ofthe customer
- B. Amount needed
- C. Period of repayment
- D. Amount of interest payable
- E. Purpose of the loan
Which of the following is not considered by banks when granting loans to customers?
- A. Character ofthe customer
- B. Amount needed
- C. Period of repayment
- D. Amount of interest payable
- E. Purpose of the loan
Which of the following is not considered by banks when granting loans to customers?
- A. Character ofthe customer
- B. Amount needed
- C. Period of repayment
- D. Amount of interest payable
- E. Purpose of the loan
Which of the following is not considered by banks when granting loans to customers?
- A. Character ofthe customer
- B. Amount needed
- C. Period of repayment
- D. Amount of interest payable
- E. Purpose of the loan
The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an
organisation is called?
- A. delegation
- B. deputising
- C. coordinating
- D. supervision
- E. motivation
The process of entrusting part of the work of a superior and the corresponding authority to a subordinate in an
organisation is called?
- A. delegation
- B. deputising
- C. coordinating
- D. supervision
- E. motivation
The practice of selling goods in foreign countries at lower prices than obtainable in the exporting country is known as?
- A. hedging
- B. black market
- C. dumping
- D. speculation
- E. speculation
When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
- A. carriage forward
- B. franco
- C. Loco
- D. free on board
- E. A free alongside ship
When the exporter arranges for the dispatch of goods but leaves the cost of transport to be paid by the importer, the price quoted is?
- A. carriage forward
- B. franco
- C. Loco
- D. free on board
- E. A free alongside ship
Which of the following is a problem facing mail order business?
- A. Expensive shop fronts
- B. cost of postage and advertisement
- C. Commission to agents
- D. Increase in branded goods
- E. increase in the variety of catalogues
Which of the following is a problem facing mail order business?
- A. Expensive shop fronts
- B. cost of postage and advertisement
- C. Commission to agents
- D. Increase in branded goods
- E. increase in the variety of catalogues
Retail outlets which sell from specialised vans are
- A. supermarkets
- B. multiple shops
- C. mail orderfirms
- D. department stores
- E. mobile shops
A group of trims that produce similar goods or sen/ices is called?
- A. an industry
- B. a trade association
- C. a cartel
- D. a holding company
- E. an amalgam
Which of the following is not performed by the shipping and forwarding agents?
- A. Reservation ofshipping space
- B. Collection of payment from the importer
- C. Collection of goods from the factory
- D. Preparation of the bill of lading
- E. Arrangementfor marine insurance