Second-Tier Securities Market - Jamb Commerce Past Questions and Answers

Question 11:

• JAMB 2005

Initial public offering is undertaken through the?

A. Secondary securities market
B. First-tier securities market
C. Primary securities
D. Second-tier securities market

Question 12:

• JAMB 2006

The main requirement for admission to the second-tier securities markets is the?

A. Provision of a three-year trading record
B. Disclosure of all trading activities
C. Creation of a good atmosphere for growth and development
D. Guranteeing dividends to shareholders

Question 13:

• JAMB 2010

A prerequisite for admission into the Second Tier Securities Market is for a company to?

A. Make 20% of its equity share available to the public for subscription
B. Have a minimum of 100 shareholders
C. Have a maximum of 100 shareholders
D. Make 10% of its equity share available to the public for subscription

Question 14:

• JAMB 2011

Second-tier Securities Market differ from the First-tier Securities Market in that the former is?

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

Question 15:

• JAMB 2015

A market where new shares are traded is known as

A. Primary Market
B. Stock Exchange
C. Secondary Market
D. Money Market