Jamb Commerce Past Questions and Answers

Question 1211:

• JAMB 2016

Which of the followingis a modern trend in retailing ?

A. Kiosk
B. Mobile shop
C. Vending machine
D. Tied shop

Question 1212:

• JAMB 2016

Which of the following is a traditional medium of communication used to mark festivals?

A. Palm frond
B. Metal gong
C. Talking drum
D. Gum blast

Question 1213:

• JAMB 2016

One of the functions of the retailer is

A. Granting credit facilities to close relatives
B. Provision of after - sales services
C. Branding and packaging of goods
D. Warehousing of goods

Question 1214:

• JAMB 2016

One of the factors of determining the volume of production is

A. Availablity of forex
B. Availability of storage facilities
C. The location of the business
D. The number of skilled manpower

Question 1215:

• JAMB 2016

The minimum lending rate of a bank is a component of its

A. Current assets
B. Debit balances
C. Credit balance
D. Fixed assets