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Commerce 2007 Jamb Past Questions and Answers

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Commerce 2007 Jamb Past Questions


Question 46 :



A new company requiring a large amount of equity finance may source funds from the?

A. Capital market
B. Central bank
C. Money market
D. Commercial banks


Question 47 :



A credit instrument which also serves as a legal tender is?

A. Chegue
B. Paper money
C. Voucher
D. Money order


Question 48 :



The body regulating the sale and purchase of shares in Nigeria is the?

A. Corporate Affairs Commision
B. Securities and Exchange Commision
C. Securities and Exchange Tribunal
D. Nigeria Stock Exchange


Question 49 :



Which of the following best describes inputs for any production activity?

A. Natural resources
B. Buessiness resources
C. Human resources
D. Material resources


Question 50 :



The scope of economic activities can be enlarged by

A. Transportation and trading
B. Business and its promotion
C. Trading and aids to trade
D. Insurance and banking






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