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Trade - Jamb Commerce Past Questions and Answers

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Jamb Commerce Past Questions

Jamb Past Questions and Answers on Trade

Question 16:


What is NPA?

A. Nigerian Police Authority
B. Nigerian Ports Authority
C. National Ports Authority
D. National Police Authority


Question 17:


One of these is not part of small-scale retailers

A. Urban stores
B. Roadside traders
C. Supermarkets
D. Itinerant traders


Question 18:


An International organisation that influence and fix the price of oil in the International markets is

A. IMF
B. ECOWAS
C. OPEC
D. OAU


Question 19:


The use of coin-operated machines to sell goods is a form of

A. Personal selling
B. Retailing
C. Wholesaling
D. Mail-order selling


Question 20:


What is the major function of the wholesaler?

A. Buying from small-scale producers and selling to exporters
B. Buying in bulk and selling in small quantities
C. Granting of credit facilities to retailers
D. Providing information to manufacturers on market situation






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