Importance and functions of stock exchange - Jamb Commerce Past Questions and Answers

Question 1:

• JAMB 1994

Commerce is defined as the study of how

A. Man utilizes the resources in his physical environment
B. Man produces, distributes and consumes his goods and services
C. Man buys, sells and distributes goods and services
D. Raw materials are changed into finished goods

Question 2:

• JAMB 1995

Which of the following is NOT a function of the stock exchange market?

A. Providing long term loans to large scale enterprises
B. Encouraging people to buy shares and thereby providing capital for investment
C. Providing means of assessing the value of a firm's assets
D. Enabling firms to wind-up quickly in times of difficulties

Question 3:

• JAMB 1997

A markets where new shares are trade is known

A. Primary market
B. Stock exchange
C. Secondary markets
D. Money market

Question 4:

• JAMB 2000

The stock Exchange helps to provide capital for of industrial project because it

A. Determines value of shares, stocks and other securities
B. Assist government in implementing its monetary plicies
C. Assist companies to exchange their securities into cash
D. Renders agency services to organizations and government

Question 5:

• JAMB 2001

The Nigerian Stock Exchange publishes a daily official list that gives full information on the?

A. Method of transation agreed to by members
B. Number of participating members in a day
C. Changes in the prices and earnings of securities
D. Changes in the official rules set by the market