JAMB Commerce Past Questions - Set 33

10 QuestionsMultiple ChoiceFree Practice

About this quiz

This JAMB Commerce Past Questions - Set 33 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 33 covers questions from JAMB exams (2016-2017).

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Question 1 of 10

The business unit that applies the principle of one man, one vote is ______

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Question 2 of 10

The type of activity which turns processed raw materials into consumer and industrial goods is described as ________

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Question 3 of 10

Land as a factor of production does not vary in _______

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Question 4 of 10

The cost which is incurred asa result of failure to load or unload a ship at the ports within a specified period is referred to as

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Question 5 of 10

The process whereby a firm directs its marketing efforts towards a single market by the use of a particular marketing mix is referred to as

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Question 6 of 10

The function of money that is mostly affected by inflation is

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Question 7 of 10

Ordianry warehouse is usually owned and used by

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Question 8 of 10

The winding up of a firm by a resolution of its shareholders is an example of

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Question 9 of 10

Which of the following is used for temporary storage of data on a computer?

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Question 10 of 10

An advantage of the Second-Tier Securities Market to an economy is in