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Commerce 2025 JAMB Past Questions

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41

A worker who processes garri is engaged in

 

  • A. exchange
  • B. extracting
  • C. constructing
  • D. manufacturing
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42

The charge paid to a ship owner for the unused part of a ship is known as

 

  • A. penalty
  • B. dead freight
  • C. dock dues
  • D. demurrage
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43

A trader's turnover was D36,000. Purchases was D28,000. The opening stock was D2,000 and the closing stock D3,000. The average
stock is

 

  • A. D3,000
  • B. D2,500
  • C. D5,000
  • D. D2,000
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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44

Which of the following is the clearing house for all the banks in the country?

 

  • A. The Nigerian Industrial Development Bank
  • B. The Central Bank of Nigeria
  • C. The Nigerian Bank for Commerce and Industry
  • D. The Federal Mortgage Bank of Nigeria
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45

An insurance policy that covers the body of the ship only is called

 

  • A. Voyage insurance
  • B. Haulage insurance
  • C. Hull insurance
  • D. Cargo insurance
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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