Observation

Most of the candidates scored good marks on the conditions for obtaining a loan from a cooperative society and explanation of the term collateral, but did poorly in the functions of a wood machine shop storekeeper.

The expected response is given below:

(b) Four functions of a store keeper include any four of the following:

(i) receiving stocks

(ii) keeping records of stock

(iii) initiating orders

(iv) issuing out stock

(v) arranging stocks