Correct Answer: C. bankruptcy

Correct Answer: D. reduce cash in circulation

Correct Answer: B. market skimming

Correct Answer: C. divisibility

Correct Answer: B. secondary production

Correct Answer: C. public relations

Correct Answer: C. market research

Explanation

market research is the action or activity of gathering information about consumers' needs and preferences.

Correct Answer: A) Embark on a comprehensive survey of the available water resources

Explanation

Option A states that one of the main objectives of establishing the commission was to embark on a comprehensive survey of the available water resources. This means that the commission would conduct a thorough assessment of the water resources in the Niger River Basin. This could include studying the quantity and quality of water, as well as identifying any potential challenges or issues related to water availability and usage. Conducting this survey would provide valuable information for managing and utilizing the water resources in a sustainable and efficient manner.

Option B suggests that the commission was established to carry out research for the development of fresh water fisheries. Fresh water fisheries refer to the cultivation and management of fish populations in freshwater bodies such as rivers, lakes, and ponds. This option implies that the commission would focus on conducting research to improve the development and sustainability of fish populations in the Niger River Basin. This could involve studying fish habitats, breeding patterns, and fishing techniques to support the growth of the fisheries industry in the region.

Option C states that the objective of the commission is to develop infrastructures to facilitate economic activities. Infrastructures refer to the physical structures and facilities that are needed to support various economic activities. This option suggests that the commission would focus on building or improving infrastructure such as roads, bridges, irrigation systems, and ports in the Niger River Basin. The aim would be to enhance transportation, irrigation, and trade, which can contribute to economic growth and development in the region.

Option D suggests that the main objective of establishing the commission was to promote trade among member-states to improve standards of living. This means that the commission would work towards facilitating and enhancing trade activities between the countries within the Niger River Basin. By promoting trade, the commission aims to boost economic opportunities and improve the living standards of the people in the region.

Out of the given options, Option A, which is to embark on a comprehensive survey of the available water resources, is the correct answer. This objective aligns with the purpose of the Niger River Basin Commission to understand and manage the water resources in the Niger River Basin effectively.

To learn more about this, please read the relevant sections of the recommended textbooks.

Correct Answer: D. value of the asset must less than the amount loaned

Explanation

(a) Functions of an Export Promotion Council:

i.Trade enhancement activities: It reviews and liberalizes export procedures and documentation to enhance clearance at the ports.

ii. Export financing and incentives: It assists in financing export by deigning steps that will result in export financing facilities, investment, etc.

iii. Organization of training activities: It organizes training programs, seminars, and Workshops in export management and international marketing.

iv. Preparation of export documents: It cooperates with other government agencies to assist in the preparation of export documents.

v. Trade information services: It establishes and operates international trade information centres to provide prompt information services.

vi. Creation of awareness: It produces publicity materials to publicize the export potentials of the country and by so doing create awareness for them and the Council's activities.

v. Setting out procedures for export trade: It approves export, provides export licence and sets out procedures for exporting goods abroad.

vi. Export development activities: It adopts measures necessary to increase the volume of production from agriculture and industry for export.

vii. Giving advice: lt gives advice on quality control, packaging and product design to e ensure an acceptable standard of exportable goods.

(b) Roles performed by the Customs and Excise Authority towards the growth of commerce:

i. Assisting in generating income for the government through import and export taxes and excise duties on goods and services.

ii. Enforcing government regulations on imports and exports by making sure that the quantities of goods imported and exported are within the limit indicated on the licences issued for that purpose.

iii. Helping to check and prevent smuggling.

iv. Assisting in supervising the bonded warehouse where goods on which appropriate duties have not been paid are kept.

v. performing health functions by not allowing infected plants and animals Into the country/ provision of quarantine services.

vi. Assisting in collecting data for the compilation of a country's international trade statistics which helps to give the true picture of the country's balance of trade and balance of payments.

vii. Working in collaboration with other law enforcement agencies of the country to create good commercial activities.