Stock Exchange - Jamb Commerce Past Questions and Answers

Question 71:

• JAMB 2015

Second-tier securities market differs from the first-tier securities market in that the former is

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

Question 72:

• JAMB 2015

The forum for the selling and buying of securities of small and medium companies is called.

A. Securities and Exchange Commission
B. Second tier Security Market
C. Foreign exchange Market
D. Second tier foreign Exchange market

Question 73:

• JAMB 2015

A type of long-term loan granted to companies with fixed interest rate as well as with redeemable and irredeemable features is referred to as projects.

A. Debenture
B. A bond
C. A term loan
D. An overdraft

Question 74:

• JAMB 2015

A bond which attracts interest but leaves the capital repaid is referred to as

A. A redeemable bond
B. An irredeemable bond
C. A development bond
D. A long-term loan

Question 75:

• JAMB 2016

An advantage of the Second-Tier Securities Market to an economy is in

A. Creating avenues for investment
B. Regulating competition amongst companies
C. Granting financial assistance to consumers
D. Increasing companies profit margins