Stock Exchange - Jamb Commerce Past Questions and Answers

Question 36:

• JAMB 2003

The body with the responsibility to register shares for subscription on the stock market in Nigeria is the?

A. Securties and Exchange Commission
B. Nigerian Stock Exchange
C. Nigerian Deposit Insurance Company
D. Central Bank of Nigeria

Question 37:

• JAMB 2003

A type of long-term loan granted to companies with fixed interest as well as with redeemable and irredeemable features is referred to as?

A. A denbenture
B. A bond
C. A term loan
D. An overdraft

Question 38:

• JAMB 2004

In a primary market, new shares are issued through?

A. Personal selling, publicity and advertising
B. A prospectus, an offer for sale and bill of exchange
C. Advertising a prospectus, and bill of exchange
D. A prospectus, an offer for sale and placing

Question 39:

• JAMB 2004

The shares of a company listed on the stock exchange for sale are referred to as?

A. Registered shares
B. Deferred shares
C. Issued shares
D. Quoted shares

Question 40:

• JAMB 2004

A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the?

A. Securities and Exchanfge commission
B. Commodity market
C. Nigerian Stock Exchange
D. Central Bank of Nigeria