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Commerce 1989 WAEC Past Questions

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51
An important marketing concept is that all company planning and operations should be?
  • A. profit-oriented
  • B. company-oriented
  • C. organization-oriented
  • D. dividend-oriented
  • E. customer-oriented
View Answer & Discuss WAEC 1989
52
Which of the following is the the main aim of the Indigenization Decree?
  • A. alleviate the effect of inflation
  • B. eliminate foreigners from Nigerian economy
  • C. remove all obstacles to commercial activities
  • D. allow Nigerians greater participation in commercial activities
  • E. alleviated the effect of depressed economy
View Answer & Discuss WAEC 1989
53
Which of the following institutions provides the volume of credit to the public?
  • A. Building societies
  • B. Mail order business
  • C. Department stores
  • D. Finance houses
  • E. Bank
View Answer & Discuss (2) WAEC 1989
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54
When a cheque has special crossing it should be?
  • A. cashed by the drawer
  • B. cashed over counter
  • C. Paid into a named bank
  • D. paid to the drawee
  • E. paid into Central Bank
View Answer & Discuss WAEC 1989
55
Through which of the following does the central Bank carrying out the monetary policy of the country?
  • A. Discounting bills
  • B. Banks rate
  • C. Granting overdrafts
  • D. Acting as lender of last resort
  • E. Acting as banker to commercial banks
View Answer & Discuss WAEC 1989
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