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4811

 

A stock exchange is a market that

 

  • A. deals with the exchange of commodities
  • B. deals with purchase and sales of securities
  • C. exchanges stockfish for lady fish
  • D. exchanges treasury bills for bills of exchange
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4812

The following are all factors determining the location of industry except

 

 

  • A. availability of labour
  • B. proximity to market
  • C. nearness to raw materials
  • D. minimum wages rate
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4813

The full meaning of OPEC is

 

  • A. Organization of Petrol Exporting Countries
  • B. Organization of Petroleum Exporting Countries
  • C. Oil and Petroleum Exporting Countries
  • D. Organic petroleum Exporting Countries
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4814

Small firms are important for the development of a country because

 

  • A. they render personalized services to the consumers
  • B. they usually produce goods for the elite
  • C. they do not normally provide after sales services
  • D. the prices of their products are usually high
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4815

Positive check as envisaged by Thomas Malthus can be prevented if

 

 

  • A. moral restraint is adopted
  • B. marriage is abolished
  • C. death rate is reduced
  • D. more hospitals are built
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