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 1161:

  One of the merits of television as a medium of advertising is that it

  Options:
  A) is prone to censorship
  B) is relatively cheap
  C) has more network coverage
  D) has more sensory stimulation
  Show Answer
  The correct answer is D .
• Question 1162: If the rate of turnover of a company in 1999 was 4 times while the average stock was N49,600, determine the turnover. Options:
  A) N199,400
  B) N198,400
  C) N100,200
  D) N99,200
  Show Answer
  The correct answer is B .
• Question 1163: A wholesaler dealer in securities is known as a Options:
  A) stockborker
  B) speculator
  C) jobber
  D) stag
  Show Answer
  The correct answer is C .
• Question 1164: A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the? Options:
  A) Securities and Exchanfge commission
  B) commodity market
  C) Nigerian Stock Exchange
  D) Central Bank of Nigeria
  Show Answer
  The correct answer is A .
• Question 1165: One of the main obstacles of establishing the Niger River Basin Commission was to? Options:
  A) embark on a comprehensive survey of the available water resources
  B) carry research for the development of fresh water fisheries
  C) develop infrastructure to facilitate economic activities
  D) promotes trade among member-state to improve standards of living
  Show Answer
  The correct answer is C .
• Question 1166: Under what management function would the motivation employees fall? Options:
  A) Staffing
  B) Controlling
  C) Organizing
  D) Directing
  Show Answer
  The correct answer is A .
• Question 1167: A predominant make-up language for web pages is the? Options:
  A) IP
  B) HTTP
  C) HTML
  D) TCP
  Show Answer
  The correct answer is B .
• Question 1168:

  The policy used when contracts are awarded as a result of tender is________

  Options:
  A) market penetration
  B) market skimming
  C) Bid Pricing
  D) Product Line Pricing
  Show Answer
  The correct answer is C .
• Question 1169:

  

  What is the capital employed?

  Options:
  A) N 200 000
  B) N 340 000
  C) N 170 000
  D) N 300 000
  Show Answer
  The correct answer is D .
• Question 1170: Loan schemes by thrift societies are? Options:
  A) mortage schemes
  B) conventional schemes
  C) mutual schemes
  D) unconventional schemes
  Show Answer
  The correct answer is C .