Jamb Commerce 2015 Past Questions and Answers

Question 11:

• JAMB 2015

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

Question 12:

• JAMB 2015

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.

Question 13:

• JAMB 2015

A market where new shares are traded is known as

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

Question 14:

• JAMB 2015

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.

Question 15:

• JAMB 2015

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