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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.

4,313 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2

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Past Questions

4,313 questions

Question 1 of 20 4,313 total questions

Question 1111

jamb 2006

Which of the following is a development bank in Nigeria?

AUnion Bank Plc

BFirst Bank Plc

CFirst City Monument Bank

DFederal Mortgage Bank

View Explanation & Discuss

Question 1112

jamb 2006

The main requirement for admission to the second-tier securities markets is the?

Aprovision of a three-year trading record

Bdisclosure of all trading activities

Ccreation of a good atmosphere for growth and development

Dguranteeing dividends to shareholders

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Question 1113

jamb 2006

A public company has 2 000 000 ordinary shares of 50k each and offers 50% for subscription at N2 per share.

If the shares were fully subscribed, calculate the issued capital?

AN4 000 000

BN2 000 000

CN1 000 000

D500 000

View Explanation & Discuss

Question 1114

jamb 2006

A bond which attracts only interest but leaves the capital unpaid is referred to as?

Aa long-term loan

Ba develoment bond

Ca redeemable bond

Dan irredeemable bond

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Question 1115

jamb 2006

A seller attracts and retains patronage by?

Aenhancing public relationship

Benhance sales promotion

Crendering pre-sales services

Drendering customer service

View Explanation & Discuss

Question 1116

jamb 2006

The limit of functions, activities and personnel that a supervisor can effectively manage in a business organization is?

Aspan of control

Bdelegation of authority

Cchain of command

Dauthority and rsesponsibility

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Question 1117

jamb 2006

An aspect of marketing that stimulates buying by providing free gifts is?

Aadvertising

Bpersonal selling

Cpublicity

Dsales promotion

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Question 1118

jamb 2006

The setting of objectives for an organization and determining how to accomplish them is?

Asocial responsibility

Bplanning

Corganizing

Ddecision-making

View Explanation & Discuss

Question 1119

jamb 2006

A computer that can be used in weather forecast is?

Aa hybrid computer

Ban analog computer

Ca marineframe computer

Da digital computer

View Explanation & Discuss

Question 1120

jamb 2006

The mode of transportation that conveys a limited variety of products through fixed laid routes is?

Awaterways

Broad

Crail

Dpipeline

View Explanation & Discuss

Question 1121

jamb 2006

An important social reason for development tourism in Nigeria is the?

Apromotion of culture interaction

Bprovision of job oppurtunities

Cimprovement of he balance of payments

Dencouragement of international relations

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Question 1122

jamb 2006

Payment made to the insured by the insurer outside its legal obligation is?

Apremium paid

Bex gratia payment

Csurrender value

Dsum assured

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Question 1123

jamb 2006

An employer insures against his employees' dishonesty by taking up?

Afidelity guarantee insurance

Baccident insurance

Cgroup life assurance

Dendowment policy

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Question 1124

jamb 2006

The input, output and central processing units are the basic components of a computer's?

Amemory

Bprinter

Chardware

Dsoftware

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Question 1125

jamb 2006

Tourism can be classified as?

Aintangible import

Bvisible export

Cintangible export

Dinvisible export

View Explanation & Discuss

Question 1126

neco 2005

Who among the following engages in extractive activities?

AFlour miller

BFisherman

CPorter

DSinger

ESurgeon

View Explanation & Discuss

Question 1127

neco 2005

A public limited company is regarded as a legal entity because

Ait can sue and be sued

Bit cannot be liquidated

Cit has a memorandum of association

Dthe death of the largest shareholder cannot bring it to an end

Ethe government grants it licence

View Explanation & Discuss

Question 1128

neco 2005

A ship which has no fixed schedule and travels wherever it can find cargoes to carry is a

Aboat

Bferry

Cliner

Dtanker

Etramp

View Explanation & Discuss

Question 1129

neco 2005

Which of the following does NOT belong to the group?

ABanking

Binsurance

Cretailing

Dtransport

Ewarehousing

View Explanation & Discuss

Question 1130

neco 2005

Which of the following is NOT a component of trade?

AAuction

BBilateral

CMulti-lateral

DRetail

EWholesale

View Explanation & Discuss

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