Search SchoolNGR

Saturday, 04 April 2026
Register . Login

Commerce Past Questions and Answers

Jamb Commerce Questions

Question 11:
A bank statement is a document
  • A Ordering a bank to pay on demand a stated sum of money
  • B Containing records of receipts, payments and balance on an account
  • C Used for paying into bank account
  • D Used for regular withdrawal of money from a savings account
View Answer & Explanation
Question 12:
Which of the following is NOT a function of the stock exchange market?
  • A Providing long term loans to large scale enterprises
  • B Encouraging people to buy shares and thereby providing capital for investment
  • C Providing means of assessing the value of a firm's assets
  • D Enabling firms to wind-up quickly in times of difficulties
View Answer & Explanation
Question 13:
The marketing approach by which a firm carries out detailed analysis of itself, the consumers and its competitors is known as?
  • A Market analysis
  • B Marketing mix analysis
  • C Marketing opportunities analysis
  • D Market survey
View Answer & Explanation
Question 14:
The breaking down of a market into separate and identifiable elements each with its own special product requirement is known as market
  • A Differentiation
  • B Segmentation
  • C Penetration
  • D Identification
View Answer & Explanation
Question 15:
Taking a new product to a particular part of a country to test the reaction of consumers to the product referred to as
  • A Sales promotion
  • B Sampling
  • C Merchandizing
  • D Advertising
View Answer & Explanation