JAMB Commerce Past Questions & Answers - Page 192

956.

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 answer is C

No explanation has been provided for this answer.

957.

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 answer is A

No explanation has been provided for this answer.

958.

A form of money that has gone out of use is?

A.

paper money

B.

bank money

C.

commodity money

D.

foreign money

Correct answer is C

No explanation has been provided for this answer.

959.

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 answer is A

No explanation has been provided for this answer.

960.

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 answer is C

No explanation has been provided for this answer.