JAMB Past Questions and Answers - Page 234

1,166.

The gifts offered Jesus at His birth by the wise men were

A.

Silver, myrrh and frankincense

B.

Gold, silver and frankincense

C.

Myrrh, gold and silver

D.

Gold, frankincense and myrrh

Correct answer is D

No explanation has been provided for this answer.

1,167.

In the parable of the rich fool, God referred to the rich man as a fool because

A.

He did not have regard for the poor

B.

His soul depended on goods laid up for many years

C.

He built a larger barn to sore his crops

D.

He failed to be graeful to Him

Correct answer is B

The parable of the rich fool can be found in the Gospel of Luke 12:16-21. In this parable, God referred to the rich man as a fool primarily because his soul depended on goods laid up for many years

The rich man in the parable stored up wealth for himself on Earth but did not have a proper perspective on the eternal matters of the soul. Instead of being rich toward God and considering spiritual values, he focused solely on accumulating material possessions, thinking that his wealth would secure his future. Therefore, God called him a fool for neglecting the more significant matters of the soul.

1,168.

A specialized institution in Nigeria that deals in capital investments in the form of stocks, share, bond and debentures is the?

A.

Securities and Exchanfge commission

B.

commodity market

C.

Nigerian Stock Exchange

D.

Central Bank of Nigeria

Correct answer is A

No explanation has been provided for this answer.

1,169.

In international trade, documentary credit is also known as?

A.

credit note

B.

letters of credit

C.

bankers' note

D.

letter of hypothecation

Correct answer is B

No explanation has been provided for this answer.

1,170.

What is the role of the capita; market in the privatization exercise in Nigeria?

A.

Selling the shares and stocks of the companies to be privtized

B.

Encouraging private companies to participate inthe exercise

C.

Negotiating with individuals who want to buy public companies

D.

Advertising for governement

Correct answer is A

No explanation has been provided for this answer.