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