Commerce questionaire (3)

Topic 13Chapter 43 banking servicesChapter 44 means of payment for home trade Chapter 45 Means of Payment for international activitiesChapter 46 Trends in Banking

Types of cheque(2 marks each)1.Crossed cheque…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….,

2 .bearer cheque…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………………………………………………………………………………………., 3endorsement…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….,4.crossed cheque…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….,5.dishonored cheque…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….,

6.marked cheque…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….7.blank cheque……………………………………………………………………………………………………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….8.Banks clearing house(8) …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….9.Bank giro system…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….10.telebanking…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….

,11.Automatic telling machine…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………………………………………………………………………………………12.Night safe facilities…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

13.Credit card…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

14.Safe deposit facility…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

15.Foreign exchange service(4 marks each) …………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

16 .Bank overdraft …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….17.Bank loan, …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….18.Saving account…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………………………………………………………………………19…Direct debiting…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….20.Remittances…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………21.Credit transfer system…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………………………………………………………………………….22.Telegraphic transfer…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….23.Standing order(6 Marks Each)…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………………………………………………………………………………………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………

24.saving account………………………………………………………………………………………………

…….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………25Fixed deposit…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………………………………………………………………………26. Current account(4 marks each) …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………… …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

27.Services of commercial bank(6) …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….28.Central bank…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………………………………………………………………………………………

29.Merchant bank(4) …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………

30.cash discount, …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….31.trade discount,(6 marks each) …………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………………………………………………………………………………………

Topic 6 Documents of tradeChapter 17documents of home tradeChapter 18 terms of payment 32.letter of enquiry,……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………33.quotation……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………34.order……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………35advice note……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………

36.invoice……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….………………………………………………37.debit note, ……………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………

38.credit note……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….…………………………………………………………39.statement of account……………………………………………………….………………………………………………………………………………………………………………….………………………………………………………………………………………………………………….……………………40.means of payment(4 marks each)…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………………………………………………

Topic 14Chapter 49 Main forms of business organisation41.Advantages and disadvantages of private limited company…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

42.public limited company…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

43.partnership…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….……………………44.sole trader…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….45.Cooperative.advantages…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

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Chapter 48 46.public corporation.advantages and disadvantages of state owned industries…………………………………………………………………………………………………….…………………………Difference between public and private sector………………………………………………………………………….………………………………

Chapter 51 Multinational47.multinational(8 marks each)

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………

Chapter 50

Advantages and disadvantages of franchising………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….

…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….…………………………………………………………………………………………………….………………………………………………………………………