Classroom

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.

150 questions JAMB 1707 WAEC 2221 NECO 383 CUSTOM 2

Select subject

Download PHP app Ask a Question Check Syllabus Past Question Videos Topic Video Lessons

Take a test

Custom CBT

Create and set up a CBT environment with your preferred subjects.

JAMB CBT Simulator

Practice JAMB CBT with real UTME past questions in CBT format.

WAEC CBT Practice 2026 Simulator

CB-WASSCE styled past question practice.

NECO CBT Practice 2026 Simulator

SSCE & GCE styled past question practice.

Past Questions

150 questions

Question 1 of 20 150 total questions

Question 61

jamb 2000

The chart above represent the?

Aproduct mix relationship

Bmarketing mix relationship

Cpromotion mix elationship

Dadvertising mix relationship

View Explanation & Discuss

Question 62

jamb 2000

A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it

Aserves as a mechanism for evaluating an unrealistic exchange rate for the naira

Bcreates unhealthy competition amongst users of foreign exchange

Ccontributes to destabilizing national resource allocation

Dcontributes to flooding the market with foreign essential commodities

View Explanation & Discuss

Question 63

jamb 2000

The stock Exchange helps to provide capital for of industrial project because it

Adetermines value of shares, stocks and other securities

Bassist government in implementing its monetary plicies

Cassist companies to exchange their securities into cash

Drenders agency services to organizations and government

View Explanation & Discuss

Question 64

jamb 2000

The major condition for obtaining loan in thrift, credit and loans cooperative societies is

Aprovision of collateral security

Ba high level of education

Cpossesssion of a large business

Dan approved project plan

View Explanation & Discuss

Question 65

jamb 2000

A form of money that has gone out of use is?

Apaper money

Bbank money

Ccommodity money

Dforeign money

View Explanation & Discuss

Question 66

jamb 2000

A console is a device used in

Amoving an indicator on the screen

Bcommunicating between operator and programmer

Cholding magnetic tape reel

Dforming characters by heating sensitive ribbon

View Explanation & Discuss

Question 67

jamb 2000

A printer that burns the print image onto the photosensitive drum is called

Adot matrix printer

Bdaisy wheel printer

Claser printer

Dthermal printer

View Explanation & Discuss

Question 68

jamb 2000

The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as?

Adigital computer

Banalogue computer

Cmainframe computer

Dhybrid computer

View Explanation & Discuss

Question 69

jamb 2000

A bank form used to transfer money from personal to creditor's account is called?

Adebits transfer form

Bcredit transfer form

Ccustomers transfer form

Dbanks transfer form

View Explanation & Discuss

Question 70

jamb 2000

The Central Bank differs from commercial banks because it?

Arenders service to customers

Bcarries out foreign exchange transactions

Cissues currencies

Ddiscounts bills

View Explanation & Discuss

Question 71

jamb 2000

Mr Olatude took up a fire insurance on a property valued at N1000 and the amount insured is N 800. If the insurance was taking with the clause ‘with average ‘, What is the amount to be paid by the insurance company?

AN320

BN420

CN460

DN560

View Explanation & Discuss

Question 72

jamb 2000

The insurance principle that requires full disclosure of information on the insured is known as

Aindemnity

Buberrimae fidei

Csubrogation

Dcaveat emptor

View Explanation & Discuss

Question 73

jamb 2000

Tourists with no fixed address in a town may receive their letters from the post office through a

Arecorded delivery

Bposte restante

Cparcel post

Dpostmaster

View Explanation & Discuss

Question 74

jamb 2000

Ocean liners are subdivided into

Apassenger liner and cargo liners

Bcoastel liners and cargo liners

Ccargo liners and tramp liners

Dpassenger liners and tramp liners

View Explanation & Discuss

Question 75

jamb 2000

An invoice can be described as a

Acontractual agreement for the sale of goods

Bdocument specifying quantity, description, prices and total value of purchase

Creceipt containing necessary information about the goods

Dletter specifying the contractual sales of goods between two parties

View Explanation & Discuss

Question 76

jamb 2000

The function of a merchant wholesaler is to

Abuy in bulk, store and sell to retailerss as desired

Bposses title to the goods, store and sale to retailers

Cbring buyers and sellers together

Dfind markets for producers' finished goods

View Explanation & Discuss

Question 77

jamb 2000

The current trend in retailing competition in Nigeria are?

Aadvertising and sales promotion strategies

Bbranding, enterprising and diffrentiation of goods and services

Cself-service, after-sales service and services and branding strategies

Dafter-sales services and sales promotion strategies

View Explanation & Discuss

Question 78

jamb 2000

The main factors militating against the rapid growth of trade in Nigeria are?

Ainadequate transportation network and huge capital outlay

Black of motivation and government attitude towards trade

Clacks of good transportation network and insecurity of investment

Dhuge capital outlay and government attitude to trade

View Explanation & Discuss

Question 79

jamb 2000

The share capital value that forms part of the balance sheet total is the

Apaid-up share capital

Bcalled-up share capital

Cauthorized share capital

Dissued share capital

View Explanation & Discuss

Question 80

jamb 2000

Determined the circulating capital?

AN250,000

BN245,000

CN235,000

DN225,000

View Explanation & Discuss

Question Navigator

Current

Commerce Past Questions

Take a test

Custom CBT

JAMB CBT Simulator

WAEC CBT Practice 2026 Simulator

NECO CBT Practice 2026 Simulator

Past Questions

Question Navigator

MathsFaculty