Commerce JAMB, WAEC, NECO AND NABTEB Official Past Questions

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64

The computer using linear integrated circuit technology complied with quantification of data in term of length and distance is

  • A. Main frame Computer
  • B. Digital Computer
  • C. Analogue Computer
  • D. Hybrid Computer
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65

The application of division of labour would generally bring about

  • A. Increase in quantity of goods and services
  • B. Increase in variety of goods and services
  • C. Cheapness of goods and services
  • D. Cost efficiency in the production of goods and series.
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66

The application of division of labour would generally bring about

  • A. Increase in quantity of goods and services
  • B. Increase in variety of goods and services
  • C. Cheapness of goods and services
  • D. Cost efficiency in the production of goods and series.
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67

A market where new shares are traded is known as

  • A. Primary Market
  • B. Stock Exchange
  • C. Secondary Market
  • D. Money Market
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68

A market where new shares are traded is known as

  • A. Primary Market
  • B. Stock Exchange
  • C. Secondary Market
  • D. Money Market
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69

Citizens are against privatization mainly because of

  • A. Ineffective Management
  • B. The likely hood of monopoly
  • C. Increased price of good and services
  • D. The ration dilation of organizations.
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70

The agency in Nigeria which ensure that products conform to government quality specification is the

  • A. Nigerian consumers’ association
  • B. Manufacturers' Association of Nigeria
  • C. Standard Organization of Nigeria
  • D. Nigerian Chamber of commerce
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71

The agency in Nigeria which ensure that products conform to government quality specification is the

  • A. Nigerian consumers’ association
  • B. Manufacturers' Association of Nigeria
  • C. Standard Organization of Nigeria
  • D. Nigerian Chamber of commerce
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72

The major determinant of fire insurance premium is the

  • A. Owner of the property
  • B. usefulness of the property to the owner
  • C. Type and structure of the property to be insured
  • D. extent of fire damaged anticipated.
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73

The major determinant of fire insurance premium is the

  • A. Owner of the property
  • B. usefulness of the property to the owner
  • C. Type and structure of the property to be insured
  • D. extent of fire damaged anticipated.
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74

In product pricing, which of these elements need more consideration than others?

  • A. The cost of producing the product
  • B. The economic conditions in the market
  • C. the demography of the buyers of the product
  • D. The demand for the product
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75

In product pricing, which of these elements need more consideration than others?

  • A. The cost of producing the product
  • B. The economic conditions in the market
  • C. the demography of the buyers of the product
  • D. The demand for the product
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76

Which of the following is classified as an immaterial want?

  • A. Protection
  • B. Raw materials
  • C. Machines
  • D. Goods and Services
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77

Which of the following is classified as an immaterial want?

  • A. Protection
  • B. Raw materials
  • C. Machines
  • D. Goods and Services
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78

The development of commerce in west Africa was not hampered by

  • A. Inadequate capital
  • B. Inadequate means of transportation
  • C. Insurance
  • D. Low savings
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79

The development of commerce in west Africa was not hampered by

  • A. Inadequate capital
  • B. Inadequate means of transportation
  • C. Insurance
  • D. Low savings
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80

A cheque drawn by a bank official on the bank’s deposit in another bank on a customer’s deposit in another bank

  • A. Bank draft
  • B. Bankers’ order
  • C. Promissory note
  • D. Travelers cheque
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81

A cheque drawn by a bank official on the bank’s deposit in another bank on a customer’s deposit in another bank

  • A. Bank draft
  • B. Bankers’ order
  • C. Promissory note
  • D. Travelers cheque
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82

The world tourism organization has it headquarters in

  • A. New York
  • B. Madrid
  • C. Paris
  • D. London
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83

The world tourism organization has it headquarters in

  • A. New York
  • B. Madrid
  • C. Paris
  • D. London
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84

When an oil exploring and mining company builds a health centre in one community where at operates, such a company is

  • A. Carrying favour from local people
  • B. finding a way to spend excess profit
  • C. Fulfilling part of its social responsibility
  • D. Investing its idle fund
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