Jamb Commerce Past Questions and Answers

Question 1501:

• JAMB 2022

When a company insures the lives of all its employees collectively, the policy is

A. Accident insurance
B. Fleet insurance
C. Fidelity guarantee insurance
D. Group insurance

Question 1502:

• JAMB 2022

A cheque that could be cashed over the counter by the payee is

A. Certified cheque
B. Crossed cheque
C. Open cheque
D. Bank draft

Question 1503:

• JAMB 2022

A specially-designed mode of transport for conveying liquid and gas is a

A. Coaster
B. Tanker
C. Liner
D. Ferry

Question 1504:

• JAMB 2022

The safe keeping of goods produced until they are needed is

A. Hoarding
B. Marketing
C. Packaging
D. Warehousing

Question 1505:

• JAMB 2022

One of the objectives of the Niger Basin Commission is to

A. Regulate the movement of citizens across borders
B. Improve tariff and quota on non-members
C. Regulate the movement of cargo along the river
D. Streaming the construction of dams on the river