Paper 2 · Industry and commercial services
How does banking assist an exporter of tobacco?
ABy ferrying the tobacco crop physically to its export destination
BBy providing a current account, safe custody of documents, and finance such as loans
CBy advertising the tobacco crop on the sides of the exporter's own delivery vehicles and packaging
DBy insuring the tobacco crop against loss from fire, theft, drought or accidental damage in transit
Explanation: Banking provides current/savings accounts, safe custody, and finance such as loans or overdrafts.
Derived from ZIMSEC Commerce 7103/02 Paper 2, November 2004, Q1
