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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:
The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?
  • A Securties and Exchange Commission
  • B Nigerian Stock Exchange
  • C Nigerian Deposit Insurance Company
  • D Central Bank of Nigeria
View Answer & Explanation
Question 47:
Money can simply be referred to as a?
  • A Medium of exchange
  • B Means for the settlement of debts
  • C Durable assets for doing business
  • D Standard of value
View Answer & Explanation
Question 48:
A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?
  • A A denbenture
  • B A bond
  • C A term loan
  • D An overdraft
View Answer & Explanation
Question 49:
Public debt management is one of the functions of a?
  • A Merchant bank
  • B Central bank
  • C Commercial bank
  • D Development bank
View Answer & Explanation
Question 50:
Use the information above to answer questions What is the owners' equity?
  • A N 250 000
  • B N 300 000
  • C N 420 000
  • D N 200 000
View Answer & Explanation