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Neco Commerce 2001 Past Questions and Answers

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Neco 2001 Commerce Past Questions

Question 46:


What is NOT an advantage of indigenization?

A. Lt enhances the development of private initiative
B. Lt ensures that important social services are provided at affordable cost
C. Lt ensures that Nigerians control and run the business enter-prize of their country
D. It fosters and accelerates the pace of industrial development
E. There is a saving in foreign exchange


Question 47:


Which union is formed by the workers of firms of similar line of business to cater for their interests?

A. Co-operative
B. Employees
C. Firms
D. Trade
E. Welfare






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