Commerce Past Questions And Answers
2971
Payment to a ship owner for carrying one's cargo is
- A. demurrage
- B. fare
- C. dock due
- D. freight
2972
Which shares are sold Ex-div it means that the?
- A. buyer is entitled to any dividend which may be declared
- B. shares are sold at per
- C. shares are sold at a premium
- D. sellers has the right to the next dividend
2973
A person who buys new issues with a view of reselling at a higher price in the near future is referred to as a?
- A. bull
- B. bear
- C. dealer
- D. stag
2974
Extractive occupation is an example of
- A. construction industry
- B. manufacturing industry
- C. tertiary industry
- D. primary industry
2975
A communication equipment which is stationed in space for sending signals is
- A. data processor
- B. internet
- C. satellite
- D. telex machine
2976
the value at which one country obtains another country's currency is?
- A. terms of trade
- B. exchange rate
- C. bank rate
- D. terms of payment
2977
The instruments of credit include
- A. billboards and postal stamps
- B. payment vouchers and statement of account
- C. bills of exchange and salary voucher
- D. bills of exchange and promissory notes
2978
In which class of occupation would doctors, teachers and entertainers be grouped?
- A. Extraction
- B. Industrial
- C. Direct Service
- D. Commercial
2979
A popular product priced low to attract a larger number of buyers to a shop is called
- A. loss leader
- B. capital good
- C. seasonal good
- D. price ring
2980
The person who calculates premium, sums assured and surrenders value in insurance contract is called
- A) accountant
- B) actuary
- C) valuer
- D) auditor