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<=KNEC Craft Certificate in Human Resource Management Module 1: Commerce past paper July 2019

Outline six ways in which the Central Bank regulates the activities of the commercial banks.

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Questions List:

1. State two ways in which consumers may protect themselves from exploitation by traders.
2. List two fire insurance policies.
3. State four factors that a trader should consider before taking a bank loan.
4. State three features of mail order stalls.
5. State three disadvantages of buying goods on hire-purchase terms.
6. State four functions of an entrepreneur as a factor of production.
7. State three M-banking services offered by banks to account holders.
8. List the information that is contained in a charter party in relation to water transport.
9. List four types of private warehouses.
10. State four factors that have contributed to the rapid growth of savings and credit co-operative societies in Kenya.
11. Explain six roles played by trade in the economy of a country.
12. Explain four advantages that a company may get from being quoted at the securities exchange market.
13. Give six reasons why some traders prefer to use matatu transport.
14. Outline four ways in which a large-scale maize farmer would benefit from warehousing.
15. Outline six circumstances under which a limited liability company may be dissolved.
16. Explain four benefits of carrying out business activities through E-commerce.
17. Outline six ways in which the Central Bank regulates the activities of the commercial banks.
18. Explain four benefits of government involvement in business activities in a country.
19. Give six reasons why a country may find it necessary to control the volume of its imports.
20. Explain four advantages of indirect production.


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