Jamb Commerce 2005 Past Questions and Answers

Question 41:

• JAMB 2005

Invisible imports consist of?

A. Cement, shipping and consultancy services
B. Banking, drinks , insurance and technical services
C. Consultant services, tourism and banking
D. Tourism, banking and canned food and cement

Question 42:

• JAMB 2005

The bank that discount bills of exchange is the?

A. Central bank
B. Mortage bank
C. Development bank
D. Comercial bank

Question 43:

• JAMB 2005

The market where only indigenous firms are considered is the?

A. Money market
B. Second-tier securities market
C. Local market
D. Stock exchange

Question 44:

• JAMB 2005

Initial public offering is undertaken through the?

A. Secondary securities market
B. First-tier securities market
C. Primary securities
D. Second-tier securities market

Question 45:

• JAMB 2005

From which of the following sources can partnerships increase their capital?

A. Admission of a new partner
B. Sale of shares
C. Discharge of a mortage
D. Initial capital