Aids-to-trade - Jamb Commerce Past Questions and Answers

Question 51:

• JAMB 2000

The Central Bank differs from commercial banks because it?

A. Renders service to customers
B. Carries out foreign exchange transactions
C. Issues currencies
D. Discounts bills

Question 52:

• JAMB 2000

A bank form used to transfer money from personal to creditor's account is called?

A. Debits transfer form
B. Credit transfer form
C. Customers transfer form
D. Banks transfer form

Question 53:

• JAMB 2001

Bank Giro is a method of settling debt from a

A. Customer to a bank
B. Bank to customer
C. Customer to another
D. Bank to another

Question 54:

• JAMB 2001

Warehousing is a productive function because it increase the

A. Quantity of goods
B. Utility of goods
C. Quality of goods
D. Price of goods

Question 55:

• JAMB 2001

A factor necessary for siting a warehouse is nearness to

A. Raw materials
B. Labour
C. Capital
D. Consumers