Correct Answer: A. construction

Correct Answer: C. give room for distortion of fact

Correct Answer: B. working capital

Correct Answer: D. ii, iii, i and iv

Correct Answer: D. create a monopoly

Explanation

(a) Ways by which the Central bank regulates the activities of Commercial banks are:

(i)Open market operation:Central bank uses treasury bills which it sells to commercial banks when cash flow is desired to be restricted and purchase them when cash-flow is to be enhanced.

(ii)Liquidity ratio: Central bank requires commercial banks to maintain certain proportion or ratio of deposit at the central bank to control their propensity to lend.

(iii)Directives: Sometimes, the central bank issues specific instructions to the commercial banks for lending and saving policies, e.g., commercial banks convert their short term loans to long-term or medium-term-loans, especially in a depressing economy.

(iv) Special deposit: This is the percentage of deposit which the central bank requires commercial banks to make with at times when the economy is experiencing inflation.

(v) Moral persuasion: This is an appeal by the central bank to rnmercial banks to restructure its lending activities.

(vi) Regulating the Bank rate: When the bank rate rises, it riffles a reduction in loans granted by commercial banks while the fall encourages the bank to give more loans.

Factors to be considered by d bank manager before granting a loan to customers are:

(i) Customers' ability to pay. How long the customer has been banking with it.

(iii) The credibility of the customer in terms of credit worthiness

(iv) The position of the customer's account.

(v) The worth of the customer's collateral security, referee and guarantor.

(vi) The amount and period of repayment expressed by the customer.

(vii) The viability of the business.

Correct Answer: D. bearer cheque

Correct Answer: B. verbal and non-verbal

Correct Answer: D. deducting all expenses from gross profit and other income

Correct Answer: D) Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture

Explanation

Chambers of Commerce are organizations that represent and promote the interests of businesses in a particular area. They provide support and resources to help businesses grow and succeed. Industries refer to the different sectors of the economy where goods are produced or services are provided. Mines are places where minerals are extracted from the earth, such as coal, oil, or gold. Agriculture refers to the cultivation of plants and the rearing of animals for food, fiber, medicinal plants, and other products used to sustain and enhance human life.

So, NACCIMA is an organization in Nigeria that represents businesses and industries involved in commerce, manufacturing, mining, and agriculture. It plays a role in supporting and promoting the interests of these sectors in the country.

Therefore, the correct answer is Option D: Nigerian Association of Chambers of Commerce, Industries, Mines and Agriculture.