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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 26:

A console is a device used in

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A Moving an indicator on the screen
B Communicating between operator and programmer
C Holding magnetic tape reel
D Forming characters by heating sensitive ribbon

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Question 27:

A form of money that has gone out of use is?

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A Paper money
B Bank money
C Commodity money
D Foreign money

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Question 28:

The major condition for obtaining loan in thrift, credit and loans cooperative societies is

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A Provision of collateral security
B A high level of education
C Possesssion of a large business
D An approved project plan

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Question 29:

The stock Exchange helps to provide capital for of industrial project because it

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A Determines value of shares, stocks and other securities
B Assist government in implementing its monetary plicies
C Assist companies to exchange their securities into cash
D Renders agency services to organizations and government

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Question 30:

A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it

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A Serves as a mechanism for evaluating an unrealistic exchange rate for the naira
B Creates unhealthy competition amongst users of foreign exchange
C Contributes to destabilizing national resource allocation
D Contributes to flooding the market with foreign essential commodities

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