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.

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

148 questions
Question 1 of 20 148 total questions
Question 61
jamb 2007

The major determinant of fire insurance premium is the?

Atype and structure of the property to be insured
Busefulness of the property to the owner
Cowner of the property to be insured
Dextent of fire damage anticipated
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Question 62
jamb 2007

In the permanent storage device, DASD means?

AData Access Storage Device
BData Access Systems Device
CDirect Access Systems Device
DDirect Access Storage Device
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Question 63
jamb 2007

A distinctive advantage of GSM is its?

Amobility
Bcost
Cstability
Dcoverage
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Question 64
jamb 2007

Digital computer is divided into?

Aanalogue, hybrid and mini
Bsuper, maniframe, mini and micro
Cmainframe, hybrid and micro
Dsuper, mainframe, micro and analogue
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Question 65
jamb 2007

The World Tourism Organization has its headquarters in?

ANew York
BParis
CMadrid
DLondon
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Question 66
jamb 2007

One of the functions of the Nigeria Ports Authority is the provision of?

Afacilities to enhance the speedy loading and offloading of cargoes
Bfacilities to ensure that goods get to their destinations
Cshelter for operators of cargoes
Dcourier services to ensure speedy delivery
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Question 67
jamb 2007

An agreement by the insurer to compensate the insured for losses suffered is?

Apolicy
Bsurrender value
Ccaveat emptor
Dindemnity
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Question 68
jamb 2007
The first stage in tourism planing is?
Aassessing feedback from tourists
Bpreparing a list of tourists
Ccreating recreational opportunities
Dbuilding community support
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Question 69
jamb 2007

An economic activity which deals with natural resources is a form of?

Aextraction
Brefining
Cconstruction
Dmanufacturing
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Question 70
jamb 2007
A major criticism of a cooperative society is?
Alimited capital
Bgranting exceessive loans to members
Cselling goods on credit to non-members
Dmanagement incompetence
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Question 71
jamb 2007

The creation of utilities is to satisfy human wants is referred to as?

Aproduction
Bconsumption
Cindustrialization
Doccupation
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Question 72
jamb 2007

A document which advertise the shares of a company is known as a?

Amemorandum of satisfaction
Bdividend warrant
Cdeed
Dprospectus
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Question 73
jamb 2007
Law-making is an example of?
Aindirect service
Bcommerical occupation
Cdirect service
Dindustrial occupation
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Question 74
jamb 2007

The making of doors from timber planks is a type of?

Amanufacturing
Btertiary production
Csecondary production
Dprimary production
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Question 75
jamb 2007
A major advantage of a cooperative society is that it?
Agives members the opportunity to unite
Bdraws members closer to government
Cpromotes awareness among members
Dencourages thirft among members
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Question 76
jamb 2007

The sustainable growth of commerce is largely due to?

Amarketing
Badvertising
Cexchange
Dbranding
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Question 77
jamb 2007

A Memorandum of Association is applicable to a?

Asole trader
Bjoint company
Cpartnership
Dpublic corporation
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Question 78
jamb 2007

A major function of an entrepreneur is?

Adecision-making
Bencouraging competition
Chuman-resource training
Dmotivating employees
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Question 79
jamb 2007

Public relations and advertising are similar in terms of?

Acommunicating product information
Bcustomer education
Cthe mode of operation
Dcreating a favorable attitude
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Question 80
jamb 2007

The controllable variables that a firm uses to achieve its marketing objectives are called?

Amarketing principles
Bmarketing mix
Cmarketing concepts
Dmarketing functions
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