Jamb Commerce Past Questions and Answers

Question 1241:

• JAMB 2017

When a buyer has been overcharged for goods supplied, the seller issues a _______?

A. Debit note
B. Proforma invoice
C. Letter of credit
D. Credit note

Question 1242:

• JAMB 2017

The fees charged on postal order by the post office is _____?

A. Interest
B. Brokerage
C. Poundage
D. Premium

Question 1243:

• JAMB 2017

A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as ____?

A. Nationalisation
B. Privatisation
C. Indigenisation
D. Commercialisation

Question 1244:

• JAMB 2017

The government agency involved in issuing of export licences is _______?

A. Nigeria Export Processing Zone
B. Nigeria Export Promotion council
C. Nigeria Port Authority
D. Customs and Excise Authority

Question 1245:

• JAMB 2017

The quality of money that describe its uniformity is

A. Recognizability
B. Durability
C. Portability
D. Homogeneity