Stock Exchange - Jamb Commerce Past Questions and Answers

Question 41:

• JAMB 2005

An instrument that is traded i the second-tier foreign exchange market is?

A. Money order
B. Stock
C. Travellers' cheque
D. Debenture

Question 42:

• JAMB 2005

The market where only indigenous firms are considered is the?

A. Money market
B. Second-tier securities market
C. Local market
D. Stock exchange

Question 43:

• JAMB 2005

Initial public offering is undertaken through the?

A. Secondary securities market
B. First-tier securities market
C. Primary securities
D. Second-tier securities market

Question 44:

• JAMB 2005

The major participants in the stock market when stock prices are rising generally are the?

A. Bulls
B. Registrars
C. Bears
D. Companies

Question 45:

• JAMB 2005

A good financial instrument which serves as a hedge against inflation is?

A. A bond
B. A share
C. An opion
D. A warrant