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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 41:
Invisible imports consist of?
  • A Cement, shipping and consultancy services
  • B Banking, drinks , insurance and technical services
  • C Consultant services, tourism and banking
  • D Tourism, banking and canned food and cement
View Answer & Explanation
Question 42:
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 43:
The market where only indigenous firms are considered is the?
  • A Money market
  • B Second-tier securities market
  • C Local market
  • D Stock exchange
View Answer & Explanation
Question 44:
Initial public offering is undertaken through the?
  • A Secondary securities market
  • B First-tier securities market
  • C Primary securities
  • D Second-tier securities market
View Answer & Explanation
Question 45:
From which of the following sources can partnerships increase their capital?
  • A Admission of a new partner
  • B Sale of shares
  • C Discharge of a mortage
  • D Initial capital
View Answer & Explanation