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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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2766
What is NOT an advantage of combinations (monopolies)?
  • A. bender opportunity to expand operations
  • B. fall in the cost of selling
  • C. pool of specialized managerial skills
  • D. centralized management
  • E. danger of over-capitalization
View Answer & Discuss NECO 2001
2767
What is NOT a concern of the Food and Drug Department of the Federal Ministry of Health?
  • A. co-operating with the appropriate agencies to bring about effective price control
  • B. educating the consumers on drug abuse
  • C. encouraging consumers to eat a more sensible and balanced diet and avoid fatty foods
  • D. requiring drug manufacturers to provide printed prescription for certain drugs
  • E. requiring drug manufacturers to test the safety and effectiveness of drugs before marketing
View Answer & Discuss NECO 2001
2768
What is NOT a means of Central Bank’s controlling the credit policy of commercial banks?
  • A. banker's bank
  • B. bank rate
  • C. cash /liquidity ratio
  • D. funding operations
  • E. open market operations
View Answer & Discuss NECO 2001
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2769
Dealing on the Stock Exchange may be either
  • A. ‘for cash or ‘for hire’
  • B. ‘for jobber’ or 'for broker’
  • C. 'for cash' or 'for account
  • D. ‘for cash’ or‘ for credit’
  • E. ‘for bull’ or ‘ for bear’
View Answer & Discuss NECO 2001
2770
Which term means that for the price quoted, transporting the goods is ‘free’ up to the time it is placed on board a carrier?
  • A. carriage paid (Cge. Pd.)
  • B. cost on delivery (C.O.D.)
  • C. ex-ship
  • D. free on board (F.O.B.)
  • E. free on rail (F.O.R.)
View Answer & Discuss NECO 2001
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