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Jamb Commerce Past QuestionsQuestions and Answers on ActivitiesQuestion 1:Commerce is defined as the study of how A. Man utilizes the resources in his physical environment B. Man produces, distributes and consumes his goods and services C. Man buys, sells and distributes goods and services D. Raw materials are changed into finished goods Question 2:The use of computer in modern banking industry is a reflection of A. Competitive development B. Scientific development C. Economic development D. Technological development Question 3:The use of computer in modern banking industry is a reflection of A. Competitive development B. Scientific development C. Economic development D. Technological development Question 4:A customer with XYZ Plc sent money through his account to his sister's account in another branch. This is an example of? A. E-business B. E-commerce C. E-finance D. E-banking Question 5:Modern means of payment is greatly facilitated by A. E-commerce B. Paper money C. E-banking D. Credit transfer
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