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 1111: Which of the following is a function of employers’ associate? Options:
  A) undertaking research on behalf of employees
  B) promotion of thrift in workers
  C) promotion of workers'welfare
  D) Dissemination of information through sponsored journals
  Show Answer
  The correct answer is C .
• Question 1112: The comparison of a country's visible and invisible exports and imports expressed in monetary term is? Options:
  A) balance of payment
  B) terms of trade
  C) balance of trdae
  D) terms of payment
  Show Answer
  The correct answer is C .
• Question 1113:

  Which is the fastest means of transportation?

  Options:
  A) Water
  B) air
  C) rail
  D) Road
  Show Answer
  The correct answer is B .
• Question 1114:

  The transmission of the telephone services from one country to another is facilitated by

  Options:
  A) international facility
  B) internet services
  C) interconnectivity
  D) communication satellite
  Show Answer
  The correct answer is D .
• Question 1115: The internet is a system of telecommunication used for Options:
  A) Sending electronic message
  B) Communicating messages through telegrams
  C) Communicating long-distance
  D) Sending and renewing text message
  Show Answer
  The correct answer is A .
• Question 1116: One of the products of an extractive industry is Options:
  A) an airplane
  B) an iron ore
  C) a shoe
  D) a textile material
  Show Answer
  The correct answer is B .
• Question 1117:

  The scope of economic activities can be enlarged by

  Options:
  A) transportation and trading
  B) trading and aids to trade
  C) business and its promotion
  D) insurance and banking
  Show Answer
  The correct answer is B .
• Question 1118: Taking a new product to a particular part of a country to test the reaction of consumers to the product referred to as Options:
  A) sales promotion
  B) sampling
  C) merchandizing
  D) advertising
  Show Answer
  The correct answer is A .
• Question 1119: The arrangement and interrelationship of the various components and positions of a business is referred to as? Options:
  A) organizational structure
  B) clarity of objective
  C) unity of direction
  D) line structure
  Show Answer
  The correct answer is A .
• Question 1120:

  NACCIMA stands for

  Options:
  A) Nigerian American Centre for Culture, Industries, Mines and Arts
  B) Nigerian Association for Culture, Civics, Industries, Minerals and arts Arts
  C) National Agency for Culture, Civilization, Investment, Manufacturing and Agriculture
  D) Nigeria Association of Chambers of Commerce, Industries, Mines and Agriculture
  Show Answer
  The correct answer is D .