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Saturday, 11 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 21:
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 โ€˜with average โ€˜, What is the amount to be paid by the insurance company?
  • A N320
  • B N420
  • C N460
  • D N560
View Answer & Explanation
Question 22:
The Central Bank differs from commercial banks because it?
  • A Renders service to customers
  • B Carries out foreign exchange transactions
  • C Issues currencies
  • D Discounts bills
View Answer & Explanation
Question 23:
A bank form used to transfer money from personal to creditor's account is called?
  • A Debits transfer form
  • B Credit transfer form
  • C Customers transfer form
  • D Banks transfer form
View Answer & Explanation
Question 24:
The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as?
  • A Digital computer
  • B Analogue computer
  • C Mainframe computer
  • D Hybrid computer
View Answer & Explanation
Question 25:
A printer that burns the print image onto the photosensitive drum is called
  • A Dot matrix printer
  • B Daisy wheel printer
  • C Laser printer
  • D Thermal printer
View Answer & Explanation