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JAMB Commerce 1995 Question 30

Question 30

Insurance

Berne Union is also known as

  1. A.International Credit Union
  2. B.International Documentary Credit Union
  3. C.international Union of Credit and Investment Insurers
  4. D.export Credit Guarantee Scheme.
Show the answer and explanation

Answer: C (international Union of Credit and Investment Insurers)

Explanation

The Berne Union is the International Union of Credit and Investment Insurers, an association of export credit insurers.