Which of the following can quote its shares on the stock exchange
- A. Partnership
- B. Sole-proprietorship
- C. Co-operative society
- D. Public limited company
A bonded warehouse is a place for keeping
- A. contraband goods
- B. dutiable goods
- C. tax free goods
- D. smuggled goods
The cost of advertising is ultimately borne by the
- A. manufacturer
- B. consumer
- C. wholesaler
- D. retailer
A place where dutiable goods are kept until duties on them are paid is known as
- A. private warehouse
- B. public warehouse
- C. bonded warehouse
- D. manufacturer's warehouse
Which of the following is not a function of an entrepreneur?
- A. Co-ordination
- B. Risk-bearing
- C. Entertaining
- D. Making decision
The post office service that allows a traveler without a fixed address to collect his letter is known as
- A. post restante
- B. recorded delivery
- C. speed post
- D. express service
Which of the following note will be sent to a buyer to inform him that the goods he ordered have been dispatched?
- A. Advice note
- B. Delivery note
- C. Credit note
- D. Consignment note
A type of policy where the assured or his dependents will not get anything if he dies within the period of the policy is known as
- A. group policy
- B. whole life policy
- C. endowment policy
- D. term policy
Which of the following are exclusively functions of marketing?
- A. Buying, pricing, selling and promotion
- B. Risk-bearing, storage, production and transporting
- C. Organizing, risk-bearing, transporting and storage
- D. Production, promotion, distribution and recruiting
The police and the army are engaged in
- A. direct service occupation
- B. indirect service occupation
- C. industrial occupation
- D. primary occupation
The police and the army are engaged in
- A. direct service occupation
- B. indirect service occupation
- C. industrial occupation
- D. primary occupation
Which of the following is not a function of the commercial bank?
- A. Collection of deposit
- B. Safe custody services
- C. Issuing of currency
- D. Agents of payment
Which of the following is not a function of the commercial bank?
- A. Collection of deposit
- B. Safe custody services
- C. Issuing of currency
- D. Agents of payment
Life assurance premium is determined by the assured’s
- A. educational level
- B. age
- C. reputation
- D. number of children
Life assurance premium is determined by the assured’s
- A. educational level
- B. age
- C. reputation
- D. number of children
One of the main objectives of International Bank for Reconstruction and Development(IBRD) is to
- A. settle interbank indebtedness
- B. lend to poor countries
- C. oversee the activities of banks abroad
- D. encourage trade liberalization
Who among the following has no voting right?
- A. Preffered ordinary share holders
- B. Ordinary shareholders
- C. Deffered shareholders
- D. Debenture holders
Which of the following justifies the existence of public enterprises
- A. Making quick decision
- B. Creating monopoly
- C. Making profit for government
- D. Providing essential services
The owners of a public limited company are?
- A. board of directors
- B. management team
- C. shareholders
- D. government
Which of the following is not an example of Marine insurance?
- A. Fidelity
- B. Hull
- C. Cargo
- D. Freight
A sale agreement whereby the buyer takes possession but not title to the goods is
- A. credit purchase
- B. hire purchase
- C. auction sales
- D. direct sales