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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 46:
The excess of the assets over the liabilities of a business is called?
  • A Working capital
  • B Net worth
  • C Capital employed
  • D Initial capital
View Answer & Explanation
Question 47:
The bank that discount bills of exchange is the?
  • A Central bank
  • B Mortage bank
  • C Development bank
  • D Comercial bank
View Answer & Explanation
Question 48:
The major participants in the stock market when stock prices are rising generally are the?
  • A Bulls
  • B Registrars
  • C Bears
  • D Companies
View Answer & Explanation
Question 49:
The fixed and current assets of a business are called?
  • A Called up capital
  • B Capital employed
  • C Paid-up capital
  • D Authorized capital
View Answer & Explanation
Question 50:
To increase the supply of money in a country, the central bank has to?
  • A Reduce cash ratio
  • B Sell securities
  • C Call on special deposits
  • D Raise cash ratio
View Answer & Explanation