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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 41:

One of the most important function of marketing is?

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A Encouraging research activitiesto meets needs
B Creating classesof merchant among businessmen
C The extension of market for businessmen
D Providing finances to business

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Question 42:

Securities on which the buyers are not issued with certificate are called?

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A Authorized securities
B Inscribed securities
C Bearer securities
D Registered securities

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Question 43:

In product pricing, which of this element needs more consideration than others?

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A The demand for the product
B The demography of the buyers of the product
C The economic conditions in the markkets
D The cost of producing the product

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Question 44:

The principal objectives of the Central Bank of Nigeria can be classified broadly into?

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A Bankers' bank lender of last resort and issuance of currency
B Service, currency management and financial intermediation
C Banking services, foreign exchange operations and open markets operations
D Service, monetary policy and developmental functions

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Question 45:

The letters E and OE stand for?

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A Errors of exception
B Errors and omissions expected
C Estimate and order error
D End of error

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