Bece Business Studies 2023 Past Questions and Answers

Question 66:

• BECE 2023

Granting discount to a buyer of a product is an example of ____________

A. After-sales service.
B. Customer care.
C. Pre-sale service.
D. Public relations.
E. Social responsibility.

Question 67:

• BECE 2023

The reward for capital as a factor of production is ____________

A. Interest.
B. Profit.
C. Rent.
D. Salary.
E. Wage.

Question 68:

• BECE 2023

The selling of Nigeria crude oil to a firm in Britain is an example of ____________ trade.

A. Entrepot
B. Export
C. Home
D. Retail
E. Wholesale

Question 69:

• BECE 2023

Who among the following renders direct service?

A. Barber
B. Civil servant
C. Police officer
D. Sales representative
E. Soldier

Question 70:

• BECE 2023

An agreed sum of money that the insured pays to the insurer at periodic intervals is ____________

A. Contribution.
B. Indemnity.
C. Interest.
D. Premium.
E. Subrogation.