The concept of limiting types, sizes and other characteristics of a product line without sacrificing utility or durability is called

• A. simplification
• B. standardization
• C. specialization
• D. satisficing

Calcium and magnesium belong to the group of the periodic table because both?

• A. are metals
• B. form cations
• C. form colourless salts
• D. have same number of valence electrons

A certain amount of money is needed for everyday expenditure like buying of goods, transportation and others. This is

• A. transaction demand for money
• B. precautionary demand for money
• C. derived demand for money
• D. speculative demand for money

A current account is beneficial to its holder as?

• A. cheques can be issued to anybody
• B. customers cannot withdraw frequently
• C. it is only the holder that can make withdrawals
• D. it allows customers the use of passbooks

In the question below choose the word(s) or phrase(s) whichbest fills(s) the gap(s): I do not intend to stay long at the function. i only want to ....

• A. put in an appearance
• B. put up an appearance
• C. show up appearance
• D. keep up appearance

A major characteristic of the tropical woodland vegetation is that

• A. it consists of grass and shrubs only
• B. the forest consists of scattered trees only
• C. it consists mainly of mangroves
• D. the forest it too closely spaced to permit any undergrowth

From the words lettered A to D, choose the word that best completes each of the following sentences.

When all the members started arguing, the chairman called the meeting to _______

• A. slience
• B. order
• C. audience
• D. attention

If the required reserves of a bank is 20% and N10 000 is paid into its demand deposit account, what is the excess reserves?

• A. N2000
• B. N18 000
• C. N12 000
• D. N8 000

The principle of checks and balances is found mainly in

• A. parliamentary system
• B. presidential system
• C. monarchies
• D. oligarchies

A specialized market where stocks and shares are bought and sold is

• A. money market
• B. commodity exchange market
• C. perfect market
• D. stock exchange market