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.

1,707 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2
Download PHP app Ask a Question Check Syllabus Past Question Videos Topic Video Lessons

Take a test

Past Questions

1,707 questions
Question 1 of 20 1,707 total questions
Question 91
jamb 2023

The Nigerian Stock Exchange consist of

Aprimary and secondary -tier market
Bcommercial and mortgage market
Csecondary and primary market
Dmoney and commodities market
View Explanation & Discuss
Question 92
jamb 2023

Which of the following is a verbal means of communication

Aexpress mail
Btelephone
Ctelex
Dbusiness reply services
View Explanation & Discuss
Question 93
jamb 2023

A major function of trade association is to

Afoster cooperation among members
Bestablish a link among member
Cassist members to buy cars
Dhelp individuals to set up small business
View Explanation & Discuss
Question 94
jamb 2023

The effects of devaluation includes all except

Aexpansion of local industries
Bincrease in import
Cincrease in standard of living
Dexports become cheaper
View Explanation & Discuss
Question 95
jamb 2023

A partnership is dissolved due to

Aresignation of an employee
Bliquidity of the firm
Cdeath of the employee
Dinsanity of a partner
View Explanation & Discuss
Question 96
jamb 2023

The business unit that applies the principle of one man vote is

Apublic company
Bpartnership
Cco-operative society
Dsole properitorship
View Explanation & Discuss
Question 97
jamb 2023

The production of goods and services in anticipation of demand is made possible by

Awarehousing
Bpackaging
Cbranding
Dadvertising
View Explanation & Discuss
Question 98
jamb 2023

Risk bearing in business organisation is a function of the

Amanager
Bemployee
Centrepreneur
Dcustomers
View Explanation & Discuss
Question 99
jamb 2023

One of the major problems of a sole properitor is sourcing for

Alabour
Bmachineries
Craw materials
Dfunds
View Explanation & Discuss
Question 100
jamb 2023

Which of the following is an item in the marketing mix?

Amarket
Bconsumer
Cdemand
Dpromotion
View Explanation & Discuss
Question 101
jamb 2023

Land as a factor of production does not vary in

Acost
Bquality
Cquantity
Dnature
View Explanation & Discuss
Question 102
jamb 2023

The organised effort of consumers to protect themselves against the unfair practices of businessmen is known as

Apicketing
Bstroke
Cconsumerism
Ddemonstration
View Explanation & Discuss
Question 103
jamb 2023

The type of activity which turns processed raw materials into consumer and industrial goods is described as

Aextractive
Bprocessing
Cconstructive
Dmanufacturing
View Explanation & Discuss
Question 104
jamb 2023

Current account holders withdraw money through

Atransfer
Bcredit cards
Cwithdrawal form
Dcheque
View Explanation & Discuss
Question 105
jamb 2023

The duties paid on goods produced locally is

Aexport duty
Bexcise duty
CAd-valorem duty
Dquota
View Explanation & Discuss
Question 106
jamb 2023

The part of the computer that has the capacity to interpret instruction is

Acentral processing unit
Buniversal power storage
Cmonitor
Dkeyboard
View Explanation & Discuss
Question 107
jamb 2023

An example of extractive occupation is

Adriving
Bteaching
Cbanking
Dmining
View Explanation & Discuss
Question 108
jamb 2023

Factors considered when setting up a retail business is one of the following

Acapital, experience and trading
Bexperience, term of trade and trading
Ccapital, trading and term of trade
Dcapital, type of goods and source of supply
View Explanation & Discuss
Question 109
jamb 2023

Which is the fastes means of transportation?

Aroad
Bair
Crail
Dwater
View Explanation & Discuss
Question 110
jamb 2023

An advantage of division of labour is

Aproductivity and total output is increased
Bmonopoly od task is eliminated
Cinterdependence of workers increase remuneration
Dloss of individual craftmanship is minimized
View Explanation & Discuss
Question Navigator
Current
MathsFaculty