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Saturday, 11 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 26:
The assets, liabilities and general management of a distressed bank may be taken over by?
  • A International Bank for Reconstruction and development
  • B Nigeria Industrial Development Bank
  • C Nigeria Banks Deposit Insurance corporation
  • D Nigeria Bank for Commerce and Industry
View Answer & Explanation
Question 27:
The type of securities that the stock exchange deals with are
  • A Warrants, currency notes, money orders and postal orders
  • B Cheques, bankdrafts , warrants and promissory notes
  • C Bonds ivory, treasure bills, debentures and warrants
  • D Stocks, shares, bonds and warrants.
View Answer & Explanation
Question 28:
(i) Companies must be registered as private limited liability companies. (ii)Companies must not have less than 100 shareholders (iii) No shareholder may have more than 75% of issued shared capital. What of the above are requirements for admission into the second-tier securities market?
  • A I and ii only.
  • B I and iii only
  • C I, ii and iii only
  • D Ii and iii only.
View Answer & Explanation
Question 29:
An underlined principle in the marketing of goods is that firms should
  • A Train their personnel
  • B Be consumers oriented
  • C Advertise the goods
  • D Sell through outlets
View Answer & Explanation
Question 30:
Product X was introduced into the market at N4.00 with its cost of product at N3.90 while competing products are at N4.50. What pricing policy are producers of X adopting?
  • A Market skimming
  • B Market penetration
  • C Product live promotion
  • D Above the market pricing
View Answer & Explanation