Commerce Exam Past Questions and Answers | JAMB, WAEC and NECO

Commerce is a structured system for exchanging goods between buyers and sellers. It involves studying the processes and activities related to buying and selling goods and services, particularly on a large scale.

• Question 91: The central bank controls the quantity of money in circulation through? Options:
  A) open-market operations
  B) decreasing the tax rate
  C) issuing new currencies
  D) increasing the tax rate
  Show Answer
  The correct answer is A .
• Question 92: A royal charter was granted to the Royal Niger Company to do business in Nigeria in Options:
  A) December 1888
  B) May 1887
  C) July 1886
  D) August 1885
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  The correct answer is C .
• Question 93: In which of the following sets of occupations can an industrial worker be found? Options:
  A) extraction commerce and construction
  B) manufacturing extraction and banking
  C) construction, quarrying and insurance
  D) manufacturing , extraction and construction
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  The correct answer is D .
• Question 94: A source of business financing which involves pledging of a specific assets is? Options:
  A) bond
  B) mortage
  C) debentures
  D) loan
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  The correct answer is B .
• Question 95: Computers that process all data as binary zeros and ones are Options:
  A) analog computers
  B) digital computers
  C) hybrid computers
  D) desktop computers
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  The correct answer is B .
• Question 96: Trading on the stock exchange in anticipation of price change in the market value of shares is? Options:
  A) speculation
  B) forecasting
  C) expectation
  D) projection
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  The correct answer is A .
• Question 97: Materials used for further production of goods and services are known as? Options:
  A) export goods
  B) intermediate goods
  C) capital goods
  D) consumer goods
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  The correct answer is C .
• Question 98: The major dealers on the stock market are the? Options:
  A) agents
  B) jobbers
  C) investors
  D) brokers
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  The correct answer is D .
• Question 99: When a company uses more of loans than equity to finance its business, the company is said to be Options:
  A) bankrupt
  B) solvent
  C) highly geared
  D) in a strong liquid position
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  The correct answer is C .
• Question 100: What is the reward accruable to land? Options:
  A) Rent
  B) profits
  C) wages
  D) Interest
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  The correct answer is A .