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Commerce 2017 JAMB Past Questions

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11
A government policy that encourages transfer of ownership from foreigners to indigenes of the country is known as ____?
  • A. nationalisation
  • B. privatisation
  • C. indigenisation
  • D. commercialisation
View Answer & Discuss (1) JAMB 2017
12
The government agency involved in issuing of export licences is _______?
  • A. Nigeria Export Processing Zone
  • B. Nigeria Export Promotion council
  • C. Nigeria Port Authority
  • D. Customs and Excise Authority
View Answer & Discuss (1) JAMB 2017
13
The quality of money that describe its uniformity is
  • A. recognizability
  • B. durability
  • C. portability
  • D. homogeneity
View Answer & Discuss (1) JAMB 2017
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14
One disadvantages of advertising is that it —
  • A. could be misleading
  • B. decreases sales
  • C. reduces profit
  • D. causes over stocking
View Answer & Discuss (1) JAMB 2017
15
Water corporation is an example of ______?
  • A. co-operative society
  • B. public enterprise
  • C. private enterprise
  • D. limited company
View Answer & Discuss (1) JAMB 2017
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