Aids-to-trade - Jamb Commerce Past Questions and Answers

Question 186:

• JAMB 2016

The minimum lending rate of a bank is a component of its

A. Current assets
B. Debit balances
C. Credit balance
D. Fixed assets

Question 187:

• JAMB 2016

An ancillary to trade which promotes socio - cultural development all over the world is

A. Transportation
B. Communication
C. Tourism
D. Insurance

Question 188:

• JAMB 2017

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

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

Question 189:

• JAMB 2017

A demerit of communication is that it ________

A. Makes payment for goods cumbersome
B. Increase the cost of goods in transit
C. Give room for distortion of fact
D. Hinder quick reception of messages over a long distance

Question 190:

• JAMB 2017

A demerit of communication is that it ________

A. Makes payment for goods cumbersome
B. Increase the cost of goods in transit
C. Give room for distortion of fact
D. Hinder quick reception of messages over a long distance