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Commerce 2001 NECO Past Questions

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16
Which is NOT a public corporation?
  • A. National Electric Power Authority
  • B. National Examinations Council
  • C. Nigerian Airways
  • D. Nigerian Railway
  • E. Ports Authority
View Answer & Discuss NECO 2001
17
National income is
  • A. excess on balance of payment
  • B. excess on balance of trade
  • C. income gotten from international trade
  • D. money value of goods and services produced in a given period
  • E. revenue available to the government
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18

Production means

  • A. changing the form of a good at any stage from the raw material to the finished products
  • B. increasing economic welfare of people by producing more goods and services
  • C. moving goods from one place to another for proper use
  • D. the amount of satisfaction derived from the consumption of goods and services
  • E. the provision of goods and services which are capable of satisfying human wants
View Answer & Discuss (1) NECO 2001
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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19
What is NOT a right of the consumer?
  • A. a healthy environment
  • B. be heard
  • C. to be informed
  • D. get value for money spent
  • E. save money on food and drugs
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20
The affairs of the co-operative society are in the hands of the
  • A. Board of directors
  • B. Board of trustees
  • C. Executive members
  • D. Registrar of Co-operatives
  • E. Shareholders
View Answer & Discuss NECO 2001
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