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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 21:
Sources of finance to a business include personal savings, share, debentures and?
  • A Loans from IMF
  • B Bank overdraft
  • C Central bank loans
  • D Money from political parties
View Answer & Explanation
Question 22:
Charges for loans paid by commercial banks to the Central Bank of Nigeria are called?
  • A Bank rates
  • B Credits charges
  • C Interest rates
  • D Bank charges
View Answer & Explanation
Question 23:
In a primary market, new shares are issued through?
  • A Personal selling, publicity and advertising
  • B A prospectus, an offer for sale and bill of exchange
  • C Advertising a prospectus, and bill of exchange
  • D A prospectus, an offer for sale and placing
View Answer & Explanation
Question 24:
The instruments of credit includes?
  • A Billboards and postal stamps
  • B Payment vouchers and statement of account
  • C Bills of exchange and promissory notes
  • D Bills of exchange and salary salary vouchers
View Answer & Explanation
Question 25:
The shares of a company listed on the stock exchange for sale are referred to as?
  • A Registered shares
  • B Deferred shares
  • C Issued shares
  • D Quoted shares
View Answer & Explanation