Jamb Commerce 2007 Past Questions and Answers

Question 46:

• JAMB 2007

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:

• JAMB 2007

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

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

Question 48:

• JAMB 2007

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:

• JAMB 2007

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:

• JAMB 2007

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