Jamb Commerce Past Questions and Answers

Question 681:

• JAMB 2005

The fixed and current assets of a business are called?

A. Called up capital
B. Capital employed
C. Paid-up capital
D. Authorized capital

Question 682:

• JAMB 2005

To increase the supply of money in a country, the central bank has to?

A. Reduce cash ratio
B. Sell securities
C. Call on special deposits
D. Raise cash ratio

Question 683:

• JAMB 2005

A good financial instrument which serves as a hedge against inflation is?

A. A bond
B. A share
C. An opion
D. A warrant

Question 684:

• JAMB 2005

One advantage of a crossed cheque is that it can?

A. Only be paud into a savings account
B. Be cashed over the bank's counter
C. Only be paid into the owner's account
D. Be cashed by anyone

Question 685:

• JAMB 2006

Tourism can be classified as?

A. Intangible import
B. Visible export
C. Intangible export
D. Invisible export