Commerce Past Questions

Study and practice Commerce past questions with answers and detailed explanations. Then test your knowledge using our interactive CBT practice platform and prepare confidently for your upcoming examinations.

139 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
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Past Questions

139 questions
Question 1 of 20 139 total questions
Question 1
waec 2018

The minimum lending rate of a bank is a component of its

Acurrent assets
Bdebit balances
Ccredit balance
Dfixed assets
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Question 2
waec 2018

Labour as an input in production can be motivated by

Atraining
Bprofit
Cremuneration
Dpromotion
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Question 3
waec 2018

Which of the following is a legal tender?

ACheque
BTravellers cheque
CBank note
DGoldsmith receipt
View Explanation & Discuss
Question 4
waec 2018

The purpose of commercialization is to?

Aencourage the participation of the private sector
Bmake state-owned firms more efficient
Cencourage the flow of foreign capital
Denable state-owned firms pay tax
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Question 5
waec 2018

The concern of a marketing manager whose company has adopted the marketing mix concept is to?

Arecruit more
Bmake maximum profit
Cidentify and satisfy customers needs
Dmaintain the company's share of the market
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Question 6
waec 2018

The inter bank indebtedness is settled at the 

Aclearing house
Bmoney market
Cdiscount house
Dstock exchange
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Question 7
waec 2018

the time allowed for loading and unloading a ship at the harbour is?

Ademurrage
Btenure
Clay days
Ddead freight
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Question 8
waec 2018

one of the aims of the European union is to?

Aease trade among member countries
Benhance better trade with Africa
Cenhance free trade with America
Doffer financial assistance to poor countries
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Question 9
waec 2018

A system of issueing new shares to selected investors instead of the general public is?

Apublic offer
Bissue by tender
Coffer for sale
Dprivate placement
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Question 10
waec 2018

A company is qouted on the stock exchange when its shares are?

Aput under private payment
Bnot for sale to the public
Clisted for sale on the exchange
Downed by the government
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Question 11
waec 2018

which of the following is the modern means of communication

Agrape vine
Bemail
Cwhistles
Dtown crier
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Question 12
waec 2018

How many countries form ECOWAS

A17
B16
C15
D14
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Question 13
waec 2018

The provision of scholarship by a firm to needy students is part of its?

Apolitical responsibility
Beconomic responsibility
Csocial responsibility
Dlegal reponsibility
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Question 14
waec 2018

The provision of scholarship by a firm to needy students is part of its?

Apolitical responsibility
Beconomic responsibility
Csocial responsibility
Dlegal responsibility
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Question 15
waec 2018

a transfer of authority from a superior officer to his subordinate in an organisation is?

Acontrolling
Bdecentralization
Cdelegation
Ddirecting
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Question 16
waec 2018

an advantage of privatizing a firm is that it?

Abecomes more efficient
Bsells goods at low prices
Cemploys more workers
Dattracts more customers
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Question 17
waec 2018

Activities undertaken to creat awareness of a product by giving out samples or gifts is?

Amarketing mix
Bmarketing concepts
Cwindow display
Dsales promotion
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Question 18
waec 2018

which of the following functions is not performed by the export promption council

Aprevention of importation of harmful goods
Bprovision of credit facilities to exporters
Cprovision of technical advice to exporters
Dcreation of export free zones
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Question 19
waec 2018

a bank draft is a cheque drawn by a bank on?

Aanother bank
Bitself
Ccreditors
Dcustomers' deposits
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Question 20
waec 2018

A government legislation which ensures that quality goods and services are available  to customers is?

Ahire purchase act
Bcopyright act
Cprice control act
Dstandard organisation act
View Explanation & Discuss
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