JAMB Commerce Past Questions - Set 14

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 14 quiz contains 10 multiple choice questions designed to help you revise and test your Commerce knowledge. Select an answer for each question and click “Submit Answer” to see instant feedback. Take your time and try to score as high as possible!

Description

Practice with real JAMB Commerce past questions. Test your knowledge of trade, business, banking, and insurance for UTME preparation. Set 14 covers questions from JAMB exams (2021-2022).

Progress0 / 10 answered
1

Question 1 of 10

Which of the following activities is not an example of the extractive industry?

2

Question 2 of 10

A business unit in which savings of members are lent to others is a

3

Question 3 of 10

The principle of span of control stipulates that?

4

Question 4 of 10

The main advantage of a sole trader is the freedom to?

5

Question 5 of 10

The major objective of corporate mergers is to?

6

Question 6 of 10

A provision in the charter of a company which gives holders of common stock the first option to purchase additional issues of the firm's common stock is the

7

Question 7 of 10

The conversion of raw materials into finished products creates

8

Question 8 of 10

A form of money that has gone out of use is

9

Question 9 of 10

The activities aimed at finding customers needs and satisfaction can be described as

10

Question 10 of 10

Given: I. Retail II. Export III. Transport IV. Import V. Insurance VI. Banking and finance VII. Wholesale VIII. Communication.