Stock Exchange - Jamb Commerce Past Questions and Answers

Question 61:

• JAMB 2009

The daily official publications of the Nigeria Stock Exchange give detailed information on the?

A. Changes in the official rules set by the market
B. Method of transactions agreed upon by members
C. Participation of members in a day
D. Changes in the price of securities

Question 62:

• JAMB 2010

The instrument used in the capital market is?

A. Treasury bills
B. Bill of exchange
C. Stock
D. Debenture

Question 63:

• JAMB 2010

A prerequisite for admission into the Second Tier Securities Market is for a company to?

A. Make 20% of its equity share available to the public for subscription
B. Have a minimum of 100 shareholders
C. Have a maximum of 100 shareholders
D. Make 10% of its equity share available to the public for subscription

Question 64:

• JAMB 2011

A broker is an agent who links a potential investor with?

A. A shareholder who wants to register a company
B. Other members of the exchange who want to trade
C. Governement official on the exchange
D. A quoted company

Question 65:

• JAMB 2011

Second-tier Securities Market differ from the First-tier Securities Market in that the former is?

A. Highly restricted
B. Regulated by the SEC
C. Regulated by the NIPC
D. Less restricted