J ss 2 business studies

The insurance that deals with sea transport is

• Marine insurance

• Fire insurance

• Burglary insurance

• Motor insurance

NFIU means

BVN means

KYC means

One of the following is not a party to an insurance policy

• Insurer

• Insured

• Bank

• Teacher

One of the following is not a core banking vision

• Faithful

• Integrity

• Customer care

• Fraud

The minimum cash base for commercial banks in Nigeria is

• 25 billion

• 250 million

• 2.5 billion

• 25 million

Mails of business organizations are referred to as

• Correspondence

• Mails

• Nitel

• Letters

Mails sent or received by organisations are regarded as

• Confidential

• Public

• Social

• Urgent

When a correspondence is electronic in nature is regarded as

• An e mail

• A mail

• Telegram

• Memo