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Thursday, 09 April 2026
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Commerce Past Questions and Answers

Jamb Commerce Questions

Question 16:
Which of the following is a development bank in Nigeria?
  • A Union Bank Plc
  • B First Bank Plc
  • C First City Monument Bank
  • D Federal Mortgage Bank
View Answer & Explanation
Question 17:
Trading on the stock exchange in anticipation of price change in the market value of shares is?
  • A Speculation
  • B Forecasting
  • C Expectation
  • D Projection
View Answer & Explanation
Question 18:
A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
  • A Subsidiary company
  • B Holding company
  • C Trusth
  • D Cartel
View Answer & Explanation
Question 19:
A current account is beneficial to its holder as?
  • A Cheques can be issued to anybody
  • B Customers cannot withdraw frequently
  • C It is only the holder that can make withdrawals
  • D It allows customers the use of passbooks
View Answer & Explanation
Question 20:
The conversion of raw materials into finished products creates?
  • A Form utility
  • B Marginal utility
  • C Place utility
  • D Time utility
View Answer & Explanation