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