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Commerce 2009 NECO Past Questions

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11
One of the primary functions of the thrift, credit and loans cooperative society is to
  • A. educate its members
  • B. disburse money to its members
  • C. encourage investment among members
  • D. protect members’ valuables
View Answer & Discuss NECO 2009
12
One objective of privatization is the
  • A. provision of infrastructure
  • B. provision of education and health facilities
  • C. efficient use of resources
  • D. protection and development of communities
View Answer & Discuss NECO 2009
13
A non-insurable risk is exemplified by
  • A. speculation and loss of profit through competition
  • B. gambling and whole-life insurance
  • C. bad debts and consequential loss insurance
  • D. open cover contract and constructive total loss
View Answer & Discuss NECO 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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14
The contribution of a department towards the attainment of corporate goals is its
  • A. span of control
  • B. scalar principles
  • C. unity of command
  • D. unity of objective
View Answer & Discuss (2) NECO 2009
15
A mutual compromise between the central bank and other banks on strategies for economic activities is reached through
  • A. cash liquidity ratio
  • B. the reserve ratio
  • C. moral suasion
  • D. open-market operations
View Answer & Discuss NECO 2009
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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