2000 - JAMB Commerce Past Questions and Answers - page 3
21
The Central Bank differs from commercial banks because it?
A
renders service to customers
B
carries out foreign exchange transactions
C
issues currencies
D
discounts bills
correct option: c
Users' Answers & Comments22
A bank form used to transfer money from personal to creditor's account is called?
A
debits transfer form
B
credit transfer form
C
customers transfer form
D
banks transfer form
correct option: a
Users' Answers & Comments23
The computer using linear integrated circuit technology coupled with quantification of data in terms of length and distance is known as?
A
digital computer
B
analogue computer
C
mainframe computer
D
hybrid computer
correct option: a
Users' Answers & Comments24
A printer that burns the print image onto the photosensitive drum is called
A
dot matrix printer
B
daisy wheel printer
C
laser printer
D
thermal printer
correct option: c
Users' Answers & Comments25
A console is a device used in
A
moving an indicator on the screen
B
communicating between operator and programmer
C
holding magnetic tape reel
D
forming characters by heating sensitive ribbon
correct option: a
Users' Answers & Comments26
A form of money that has gone out of use is?
A
paper money
B
bank money
C
commodity money
D
foreign money
correct option: c
Users' Answers & Comments27
The major condition for obtaining loan in thrift, credit and loans cooperative societies is
A
provision of collateral security
B
a high level of education
C
possesssion of a large business
D
an approved project plan
correct option: a
Users' Answers & Comments28
The stock Exchange helps to provide capital for of industrial project because it
A
determines value of shares, stocks and other securities
B
assist government in implementing its monetary plicies
C
assist companies to exchange their securities into cash
D
renders agency services to organizations and government
correct option: c
Users' Answers & Comments29
A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it
A
serves as a mechanism for evaluating an unrealistic exchange rate for the naira
B
creates unhealthy competition amongst users of foreign exchange
C
contributes to destabilizing national resource allocation
D
contributes to flooding the market with foreign essential commodities
correct option: b
Users' Answers & Comments30
A
product mix relationship
B
marketing mix relationship
C
promotion mix elationship
D
advertising mix relationship
correct option: b
Users' Answers & Comments