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 1971
waec 1993
Which of the following is not a basic want of man?
ATransport
BFood
CWater
DClothing
EShelter
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Question 1972
waec 1993
The function of commerce in production is that it?
Ahelps in the extraction of raw materials
Bprovides a link between the different arms of production
Cis the only branch that satisfies wants
Dyields result
Echanges raw materials to finished goods
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Question 1973
waec 1992
Into which of the following countries does a Nigeria not need a visa to enter?
AAmerica
BGhana
CRussia
DKenya
ELibya
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Question 1974
waec 1992
Details or services available and information regarding terms of carriage by post are contained in a?
Abusiness manual
Bpost office guide
Ctrade journal
Dtelephone directory
Eservice manual
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Question 1975
waec 1992
The essence of marketing concepts is that all company planning, operations and other activities should be?
Aconsumer- oriented
Bdividend - oriented
Cprofit - oriented
Dproduct- oriented
Ecompany - oriented
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Question 1976
waec 1992
The essence of marketing concepts is that all company planning, operations and other activities should be?
Aconsumer- oriented
Bdividend - oriented
Cprofit - oriented
Dproduct- oriented
Ecompany - oriented
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Question 1977
waec 1992
The essence of marketing concepts is that all company planning, operations and other activities should be?
Aconsumer- oriented
Bdividend - oriented
Cprofit - oriented
Dproduct- oriented
Ecompany - oriented
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Question 1978
waec 1992
Voyage policy is issued when goods are insured?
Abetween one pot and another
Baccording to the weight
Caccording to the value of goods
Daccording to the risk involved
Efor a specific time
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Question 1979
waec 1992
An advance that is specially given foe housing or building projects is called?
Aa loan
Ban overdraft
Ca debenture
Da collateral
Ea mortgage
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Question 1980
waec 1992
Which of the following is a good example of capital market?
AMoney Market
BBureau de change
CMinistry of Finance
DThe stock exchange
ECommercial Bank
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Question 1981
waec 1992
The sign on Volkswagen represents the?
Atrade mark
Btrade same
Cpatent right
Dcopy right
Ebrand name
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Question 1982
waec 1992
Which of the following is not a basic utility created by marketing?
ATime
BOwnership
CPlace
DPossession
EForm
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Question 1983
waec 1992
Marketing activities starts at the?
Aideal stage
Bproduction stage
Ccommercialization stage
Dbusiness analysis stage
Epoint of sale stage
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Question 1984
waec 1992
Whihc of the following is not a component of a company's marketing mix?
AProduct plan
BDistribution plan
CPolicy plan
DPromotion plan
EPrincing plan
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Question 1985
waec 1992
Which of the following is not a member country of the Lake Chad Basin Commission?
AChad
BTogo
CCameroun
DNiger
ENigeria
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Question 1986
waec 1992
The sole aim of of the formation of Niger Basin Commission is to?
Abring about trade liberalization in the region
Bensure free movement of citizens in the region
Callow free flow of information, goods and services within the region
Djointly use the Niger for the over all benefit of the region
Eremove import duties or taxes on gods circulated within the region
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Question 1987
waec 1992
One of the objectives of the indigenization programmes of the Federal Government of Nigeria is to?
Aencouraging the use of local raw materials
Bmaximizing local retention of profits
Cmake Nigeria businessmen very rich
Dexpel the foreigners from Nigeria
Epromote foreign trade
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Question 1988
waec 1992
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
Acoordinating
Borganizing
Cplanning
Dcontrolling
Emotivating
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Question 1989
waec 1992
The process whereby a business organization regularly compares physical events with the standards set and takes corrective action is?
Acoordinating
Borganizing
Cplanning
Dcontrolling
Emotivating
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Question 1990
waec 1992
Which of the following association will be directly affected by legislations on tariffs and taxes on raw materials? The
ANigeria Bar Association
BNigeria employers' Consultative Association
CNigera Medical Association
DManufacturers Association of Nigeria
ENigeria Union of Road Transport Workers
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