WAEC Past Questions and Answers - Page 501

2,501.

Which of the following does not belong to the industry?

A.

Farming

B.

Insuring

C.

Mining

D.

Drilling

E.

Fishing

Correct answer is B

No explanation has been provided for this answer.

2,502.

The three main division of production include industrial?

A.

commercial banking services

B.

commercial and services

C.

transportation and services

D.

manufacturing and services

E.

banking and services

Correct answer is B

No explanation has been provided for this answer.

2,503.

Which of the following statements is not true?

A.

Commercial services are the life's blood of a country's economic system

B.

There cannot occur commercial services unitl goods have been produced

C.

Without commercial services must goods and services will not produced

D.

There is no stage of production that does not employ commercial services

E.

Commercial services add to the value of a product

Correct answer is B

No explanation has been provided for this answer.

2,504.

St. Paul, in his first letter to the Corinthians, likened the unity in diversity of the Christian Church to

A.

Rivalry among competing groups in any country

B.

Members of one family engaged in heathen cult

C.

A school community made up of teachers and students, all working for excellence

D.

Different parts of the human body, all contributing to the good of the whole

E.

A community endowed with selfish talents

Correct answer is D

No explanation has been provided for this answer.

2,505.

The major divisions of Commerce are?

A.

import, export and transport

B.

trade, communication and warehousing

C.

trade and auxiliaries to trade

D.

exchange, consumption and production

E.

import, trade and production

Correct answer is C

No explanation has been provided for this answer.