2019 - JAMB Commerce Past Questions and Answers - page 6

51

Services are made up of

A
visible and invisible
B
Industry and Commerce
C
direct and indirect services
D
Goods and Services
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52

The assembling of manufactured products into forms usable by humans is classified as

A

Extraction occupation

B

Construction occupation

C

Manufacturing occupation

D

Industrial occupation

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53

Computer that process data in the form of values is

A

Digital

B

Hybrid

C

Digital-hybrid

D

Analog

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54

A memory that can be read and write and is volatile is known as

A

RAM

B

ROM

C

EPROM

D

EPPROM

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55

You have just bought a new car. What Insurance policy will you take to cover it?

A

Accident Insurance

B

Fire Insurance

C

Marine Insurance

D

Fidelity Guarantee Insurance

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56

A document that embody the conditions and exceptions attached to the contract is

A

proposal form

B

cover note

C

the policy

D

insurance certificate

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57

The communication aspect of the marketing mix is

A

Price

B

Promotion

C

Place

D

Product

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58

Any information about a manufacturer or his product that appears in any medium on a non-paid basis is known as

A

Sales Promotion

B

Personal Selling

C

Advertising

D

Publicity

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59

All activities that contribute towards making goods and services available to the people are

A

Economic activities

B

Political activities

C

Productive activities

D

Business activities

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60

Which of these is not a merit of division of labour

A

results in specialization

B

brings about an element of automation

C

Training in new jobs is facilitated

D

Creates monotony in the work force

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