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Wednesday, 30 September 2026
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Commerce Past Questions and Answers

Commerce Questions

Question 271:
An example of a consumer protection agency is the?
  • A Nigeria Bar association
  • B Nigeria Medical Association
  • C Ferderal Environmental Protection Agency
  • D Manufacturers Association of Nigeria
View Answer & Explanation
Question 272:
The body that organizes, promotes and participates in local and foreign trade fairs is the
  • A Ministry of Commerce and Tourism
  • B Ministry of finance
  • C Chambers of Commerce
  • D Export Promotion Council
View Answer & Explanation
Question 273:
The Continental West African Conference is a
  • A Group of all West African countries trading in the same products
  • B Conference to foster unity among the West African countries
  • C Gorups of shipping lines operating on the same West African route
  • D Trust with shareholders fromall West African countries
View Answer & Explanation
Question 274:
The main function of thrift, credit and loans co-operative societies is to
  • A Educate their members
  • B Collect money from their members
  • C Disburse money to their members
  • D Raise investment finance among thir members
View Answer & Explanation
Question 275:
Management is described as
  • A Getting things done through people
  • B Implementing of business decision
  • C The numbers of levels in an organization
  • D The people in authority in an organization
View Answer & Explanation