JAMB UTME

JAMB Commerce Mock Exam (University of Ilorin)

University of Ilorin

Prepare effectively for your JAMB UTME Commerce examination with this comprehensive mock test. Developed based on past exam patterns and University of Ilorin's academic standards, this exam covers a wide array of essential topics. It's an invaluable tool for assessing your readiness and identifying areas that require further study.

4 weeks ago
58 Questions
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20m
Duration

About This Exam

Prepare effectively for your JAMB UTME Commerce examination with this comprehensive mock test. Developed based on past exam patterns and University of Ilorin's academic standards, this exam covers a wide array of essential topics. It's an invaluable tool for assessing your readiness and identifying areas that require further study.

Topics Covered

- Financial Markets

Exam Structure

  • Question Formatmcq
  • Total Questions58
  • Estimated Duration20 minutes
  • Difficulty LevelMedium

Learning Objectives

  • Understand the principles of financial markets and regulatory bodies in Nigeria.

Prerequisites

Basic understanding of Commerce, Economics, and Business Studies concepts typically covered in secondary school curricula. Familiarity with general knowledge of the Nigerian economic landscape is beneficial.

Sample Questions

Get a taste of what to expect in the full exam.

1
MCQQuestion

What is the most important use of promotion in marketing?

A

Persuasion.

B

Conviction.

C

Information.

D

Education.

Answer hidden — Download app to see
2
MCQQuestion

In Nigeria, the body that ensures that its memb operate according to their professional ethics is

A

SON

B

NPF

C

MAN

D

NAFDAC.

Answer hidden — Download app to see
3
MCQQuestion

Public debt management is one of the func

A

Merchant bank

B

Centra

C

Commercial bank

D

Developr

Answer hidden — Download app to see
4
MCQQuestion

The current highest decision-making body on privatization and commercialization of public enterprises in Nigeria is the

A

National Council on Privatization

B

Securities and Exchange Commission

C

Nigeria Investment Promotion Commission

D

Bureau of Public Enterprises.

Answer hidden — Download app to see
5
MCQQuestion

The protection of consumers against exploitation by manufacturers is to ensure

A

That there are varieties of products

B

That the right quality of goods and services is sold

C

Increase in production capacity

D

Increase in the level of consumer awareness

Answer hidden — Download app to see
6
MCQQuestion

The most widely used computer language that focuses on solving science-oriented problems is

A

FORTRAN

B

BASIC

C

ADA

D

COBOL

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7
MCQQuestion

A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is

A

Increase in wages

B

Employment generation

C

Information technology

D

Revenue generation

Answer hidden — Download app to see
8
MCQQuestion

Goods are of merchantable quality if they

A

conform to description

B

are of equal weight

C

are of the samequality

D

conform to buyers' purpose

Answer hidden — Download app to see
9
MCQQuestion

Consumer rights include the right to

A

credit

B

free samples of aproduct

C

redress

D

a share ofprofits.

Answer hidden — Download app to see
10
MCQQuestion

What does v represent?

A

Aids to trade

B

Advertising

C

Manufacturing

D

Industry

Answer hidden — Download app to see

Ready to start practicing?

Download Learn to access the full exam, get instant feedback, and see step-by-step solutions for every question.

How to Prepare

Key Preparation Tips

  • Review the JAMB Commerce syllabus thoroughly.

Mistakes to Avoid

  • Misinterpreting questions or keywords.

Success Criteria

Achieving a high score, ideally above 80%, indicates a strong grasp of the Commerce syllabus and readiness for the JAMB UTME. Aim for accuracy and speed in answering questions.

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