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E-commerce & Money Quiz

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E-commerce & Money Quiz

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About this activity

Money and distribution basics

Created by

adesola adekoya
adesola adekoya
Nigeria

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E-commerce & Money Quiz
 

E-commerce & Money QuizOnline version

Money and distribution basics

by adesola adekoya
1

21.E-commerce helps the distribution system by: (a.) Eliminating roads (b.) Connecting producers to buyers (c.) Increasing hoarding (d.) Reducing internet use

2

22.The quality that facilitates the exchange of very small values is: (a.) Portability (b.) Acceptability (c.) Divisibility (d.) Homogeneity

3

23.The clearing house for all commercial banks in nigeria is the: (a.) General post office (b.) Central bank (c.) Stock exchange (d.) Merchant bank

4

24.Distribution is classified as part of production because it: (a.) Transports goods (b.) Offers employment (c.) Makes goods available to consumers (d.) Encourages roads

5

25.Which of the following is a function of money? (a.) Medium of communication (b.) Measure of securities (c.) Store of wealth (d.) Discounting bills

6

26.Which of these serves as a threat to the existence of middlemen? (a). Consumer9s cooperative societies (b.) Sales agents (c.) Road networks (d.) Large scale producers

7

27.Cash reserve ratio is used by the central bank to: (a.) Increase profit (b.) Control money supply (c.) Pay salaries (d.) Build roads

8

28.Money overcomes the problem of "indivisibility" in barter by being: (a) scarce (b.) Divisible (c.) Heavy (d.) Homogeneous

9

29.The speculative motive for holding money depends on--------- (a.) Weather (b.) Interest rates (c.) Food prices (d.) Road conditions

10

30.A cheque book is issued to customers who operate a-------(a.) Savings account (b.) Time deposit (c). Current account (d.) Fixed deposit

 
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