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.

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

95 questions
Question 1 of 15 95 total questions
Question 41
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
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Question 42
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 43
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
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Question 44
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 45
jamb 2006
A seller attracts and retains patronage by?
Aenhancing public relationship
Benhance sales promotion
Crendering pre-sales services
Drendering customer service
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Question 46
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 47
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 48
jamb 2006

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

Asocial responsibility
Bplanning
Corganizing
Ddecision-making
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Question 49
jamb 2006

A computer that can be used in weather forecast is?

Aa hybrid computer
Ban analog computer
Ca marineframe computer
Da digital computer
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Question 50
jamb 2006

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

Awaterways
Broad
Crail
Dpipeline
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Question 51
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 52
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 53
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 54
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 55
jamb 2006

Tourism can be classified as?

Aintangible import
Bvisible export
Cintangible export
Dinvisible export
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