JAMB Commerce Past Questions & Answers - Page 202

1,006.

The elimination of fault in a computer programme is called?

A.

console

B.

debug

C.

dump

D.

loop

Correct answer is B

No explanation has been provided for this answer.

1,007.

The three major function unit which the modern computer has are

A.

the input the processor and the output units

B.

the black box, output and input units

C.

BASIC, COBOL and output uits

D.

BASIC, the processor and PASCAL

Correct answer is A

No explanation has been provided for this answer.

1,008.

Tolu purchase goods from Yemisi and is to pay custom duties before collection. The goods are likely to be collected from.

A.

a manufacturer's warehouse

B.

a bonded warehouse

C.

an importer's warehouse

D.

a wholesaler's warehouse

Correct answer is B

No explanation has been provided for this answer.

1,009.

The principle of subrogation states that

A.

an insured person should be indemnifed to the tune of the amount insured

B.

an insurance company can stand in place of the insured in dealing with third party

C.

only a person who is likely to sufferrd loss should take take out an insurance cover

D.

there must be a close connection between the actual loss suffered and risk insured

Correct answer is B

No explanation has been provided for this answer.

1,010.

The rate at which a central bank discount first class bills is called the

A.

fixed rate

B.

bill rate

C.

bank rate

D.

interest rate

Correct answer is C

No explanation has been provided for this answer.