A) Giant domestic product B) Great domestic price C) Green determined product D) Gross domestic product
A) GDP- NATIONAL INCOME B) Per Capita income - disposable income C) GDP + NET INCOME D) Personal income + real income
A) Net national price B) New national price C) Net national product D) Net national population
A) Personal income B) Total income C) National income D) Real income
A) Real income B) National income C) Personal income D) Per Capita income
A) Level of technology B) Daily consumption C) Smartness D) Over population
A) Home trade B) Foreign trade C) Local trade D) Domestic trade
A) Bilateral international trade B) Monopolistic C) Oligopolistic D) Multilateral international trade
A) Insurance B) Free trade C) Stock exchange D) Home trade
A) Insurance company B) Home trade C) Foreign trade D) Local bank
A) System of weighing B) Culture C) Health D) Languages
A) Favourable government policy B) Tarrif C) Same language D) Good technology
A) Local trade B) Export trade C) Import trade D) Home trade
A) Houses B) Automobile C) Machinery D) Electronics
A) Can be carried B) Cannot be seen C) Can be beautify D) Does not have value
A) Banking B) Houses C) Road D) Machine
A) A country sell to other country B) A country sell to one country and re-exported to another country C) A country is banned from selling D) Trading within the country
A) To be corrupt B) Desire to improve the standard of living C) To reduce the desire for locally made goods D) To be able to inflate price
A) Tarrif B) Restrictions C) Balance of trade D) Balance of Payment
A) Balance of Payment B) Stock exchange C) Insurance D) Balance of Trade
A) Opay account B) Fixed account C) Visible account D) Monetary movement account
A) Negative balance of trade B) Positive balance of trade C) Favourable balance of payments D) Unfavourable balance of Payment
A) Clearing agent process and complete all necessary documents B) Buyers pay without seeing the product C) Payment arrangements is made D) Producer send quotation to the buyer
A) Revenue B) Shares C) Cheque D) Tarrifs
A) To cause conflict B) Protect infant industries C) To make the country rich D) To minimize purchase
A) David Ricardo B) Adams smith C) Lord luggard D) David adeleke
A) In which it has low tarrifs imposed on it B) In which it has large storage facilities for C) In which it has a comparative advantage over other D) In which it has high price tag
A) Only one country B) No country C) Only two countries D) many countries
A) No exchange of goods B) Non restrictions on international trade C) Restrictions on local trade D) Restrictions on international trade
A) Private industries B) Big industries C) Old industries D) Newly established industries
A) Building societies B) Insurance companies C) Hire purchase companies D) Commercial bank
A) Shop B) Bank C) Office D) Market
A) Application form will be filled B) Passport photograph will be submitted C) Guarantors must be recommended D) A lawyer will be presented
A) Current account B) Real account C) Savings account D) Fixed account
A) Machine bought for production B) Money saved for a long period of time C) Money lent out to customers at an agreed rate of interest for a specific period of time D) Money collected through cheque
A) No interest is given B) Anybody can withdraw from the account C) Only the holder can withdraw from the account D) Withdraw can be done anytime
A) Lending of money B) Provision of financial advise C) Issuance of bank statement D) Debit customers without their intentions
A) Purpose of loan B) Financial position of the customer's account C) Sources of income D) Marital status
A) Bearer cheque B) Purchase cheque C) Open cheque D) Order cheque
A) Monument bank B) Mortgage bank C) Central bank D) First bank |