Trade - Jamb Commerce Past Questions and Answers

Question 126:

• JAMB 2016

The component of balance of payments which shows how the balance of both current and capital accounts are settled is know as

A. Current account
B. Monetary movement account
C. Capital account
D. Social-welfare account

Question 127:

• JAMB 2016

The buying and selling of goods and services is referred to as

A. Trading
B. Marketing
C. Insurance
D. Advertising

Question 128:

• JAMB 2016

Which of the followingis a modern trend in retailing ?

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

Question 129:

• 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 130:

• JAMB 2016

One of the functions of the Nigerian Ports Authority is that it

A. Gives preferential treatment to Nigerian investors
B. Provides credit facilities to importers
C. Encourages the growth of infant industries
D. Provides warehosing facilities at the docks