JAMB Commerce Past Questions (1994-2003)
This comprehensive set of JAMB Commerce past questions, spanning from 1994 to 2003, offers invaluable practice for students preparing for the UTME. It covers a wide array of essential commerce topics, including organizational structures, marketing, finance, international trade, and business law, providing a realistic simulation of the actual examination.
About This Exam
This comprehensive set of JAMB Commerce past questions, spanning from 1994 to 2003, offers invaluable practice for students preparing for the UTME. It covers a wide array of essential commerce topics, including organizational structures, marketing, finance, international trade, and business law, providing a realistic simulation of the actual examination.
Topics Covered
Exam Structure
- Question Formatmcq
- Total Questions47
- Estimated Duration16 minutes
- Difficulty LevelMedium
Learning Objectives
- •Understand the fundamental principles of commerce and business operations.
Prerequisites
A foundational understanding of basic economic principles and an awareness of business activities are recommended. Familiarity with Nigerian economic and business environment would be beneficial.
Sample Questions
Get a taste of what to expect in the full exam.
Which of the following involves foreign trade?
Supermarkets
chain stores
departmental stores
commodity market
A company that is registered with the Corporate Affairs Commission only without being enlisted on the stock exchange is a
public liability company
joint ventures company
limited company
registered company
The type of computer commonly found in offices is
laptop
desktop
the hybrid computer
the main frame computer
A retail cooperative society aims at
hoarding manufactured goods
cutting off the profits of middlemen
lending money to members at low interest
encouraging members to save more
Which of the following industries is normally located near the source of its raw materials?
Footwear
cement factory
textile industry
automobile assembly
The document issued by the seller which contains details of the goods he sells is known as
catalogue
tender
price list
invoice
A core investor in the current phase of privatization in Nigeria is one who
can afford to buy most of the shares of the enterprises
will be at the core of the enterprises
can mobilize foreign currency equivalent to the value of the enterprises
has the technical know-how of the enterprises.
Which of the following is used to inform the addressee that a registered parcel is ready for collection?
Express label
counterfoil
telegram
Slip
A group of companies is a collection of
subsidiaries and their holding company
firms
associates and their holding company
industries
The process of mobilizing, engaging and maintaining workers to work for an organization is referred to as
staffing
selection
recruitment
employment
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How to Prepare
Key Preparation Tips
- Thoroughly review the syllabus for JAMB Commerce.
Mistakes to Avoid
- •Misinterpreting question wording or keywords.
Success Criteria
Achieving a high score in this practice exam indicates a strong grasp of the Commerce syllabus and readiness for the JAMB UTME. Aim for accuracy and efficiency in answering questions.
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