Procedure of transactions and speculations - Jamb Commerce Past Questions and Answers

Question 11:

• JAMB 2003

The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?

A. Securties and Exchange Commission
B. Nigerian Stock Exchange
C. Nigerian Deposit Insurance Company
D. Central Bank of Nigeria

Question 12:

• JAMB 2004

In a primary market, new shares are issued through?

A. Personal selling, publicity and advertising
B. A prospectus, an offer for sale and bill of exchange
C. Advertising a prospectus, and bill of exchange
D. A prospectus, an offer for sale and placing

Question 13:

• JAMB 2004

A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the?

A. Securities and Exchanfge commission
B. Commodity market
C. Nigerian Stock Exchange
D. Central Bank of Nigeria

Question 14:

• JAMB 2005

The major participants in the stock market when stock prices are rising generally are the?

A. Bulls
B. Registrars
C. Bears
D. Companies

Question 15:

• JAMB 2006

Trading on the stock exchange in anticipation of price change in the market value of shares is?

A. Speculation
B. Forecasting
C. Expectation
D. Projection