Waec Commerce 1992 Past Questions and Answers

Question 61:

• WAEC 1992

Commercial banks deposits with the Central Bank help to?

A. Increase loan prospects
B. Control the supply of money credits
C. Check bank frauds
D. Increase bank customers
E. Encourage rural banking services

Question 62:

• WAEC 1992

Which of the following is a non-insurable risk?

A. Loss from fire accident
B. Loos from accident and sickness
C. Fidelity guarantee
D. Burglary
E. Loss from staking in lotteries

Question 63:

• WAEC 1992

The policy which safeguards the employer from loss sustained as a result of fraudulent acts of his workers is the?

A. Employer liability insurance
B. Loss policy
C. Utmost good faith policy
D. Group insurance
E. Fidelity guarantee policy

Question 64:

• WAEC 1992

Which of the following is responsible for advertising vacant positions existing in companies?

A. Sales Department
B. Public Relation Department
C. Personal Department
D. Marketing Department
E. Financial Department

Question 65:

• WAEC 1992

Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The

A. Nigeria Bar Association
B. Nigeria employers' Consultative Association
C. Nigera Medical Association
D. Manufacturers Association of Nigeria
E. Nigeria Union of Road Transport Workers