Stock Exchange - Jamb Commerce Past Questions and Answers

Question 21:

• JAMB 1999

The forum for the selling and of buying of securities of small and medium companies is called

A. Second Tier Foreign Exchange Market
B. Foreign Exchange Market
C. Securities and Exchange Commission
D. Second Tier Securities

Question 22:

• JAMB 1999

A wholesaler dealer in securities is known as a

A. Stockborker
B. Speculator
C. Jobber
D. Stag

Question 23:

• JAMB 2000

The stock Exchange helps to provide capital for of industrial project because it

A. Determines value of shares, stocks and other securities
B. Assist government in implementing its monetary plicies
C. Assist companies to exchange their securities into cash
D. Renders agency services to organizations and government

Question 24:

• JAMB 2000

A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it

A. Serves as a mechanism for evaluating an unrealistic exchange rate for the naira
B. Creates unhealthy competition amongst users of foreign exchange
C. Contributes to destabilizing national resource allocation
D. Contributes to flooding the market with foreign essential commodities

Question 25:

• JAMB 2001

The financial instrument for borrowing in which the collateral is usually more than the amount borrowed is?

A. Trust certificate
B. Detachable warrant
C. Mortage bond
D. Converttible securities