UTME 2019 Commerce | Objective

Practice these randomly selected questions to test your readiness.

Question 1
Which of the following computers can be used in weather forecast?
A. Analog computer
B. Digital computer
C. Hybrid computer
D. Mainframe computer
Question 2
The provision of quality and safe products which guarantee the health of consumers is an example of
A. civic responsibility
B. social responsibility
C. quality control
D. price control
Question 3
The direct authority of a superior over his subordinate is known as
A. line authority
B. line and staff authority
C. staff authority
D. lame authority
Question 4
A good financial instrument which serves as a hedge against inflation is
A. a warrant
B. a bond
C. a share
D. an option
Question 5
The strategy adopted by a firm that ceases to operate one or more locations because of inactivity is
A. focus
B. diversification
C. rejuvenation
D. consolidation
Question 6
The essential utility derived from the use of a product is known as
A. branded benefit
B. core benefit
C. formal benefit
D. augmented benefit
Question 7
The temporary insurance certificate issued to the insured before drawing up a policy is a
A. testimonial
B. cover note
C. time policy
D. proposal form
Question 8
The mode of transporting crude oil to the ports for export purposes is by
A. road
B. pipeline
C. tanker
D. rail
Question 9
To increase the purchasing power of money in a country, the central bank has to
A. call on special deposits
B. raise cash ratio
C. reduce cash ratio
D. sell securities in the open market
Question 10
A Digital Versatile Disk is an example of a
A. file transfer protocol
B. computer storage device
C. transmission control protocol
D. microprocessor
Question 11
The principle of management that emphasizes on the number of subordinates under the direct supervision of a manager is
A. unity of command
B. scalar chain
C. span of control
D. unity of direction
Question 12
A customer with XYZ Plc sent money through his account to his sister's account in another branch. This is an example of
A. e-business
B. e-banking
C. e-commerce
D. e-finance
Question 13
Modern means of payment is greatly facilitated by
A. credit transfer
B. e-banking
C. e-commerce
D. paper money
Question 14
Which of the following is used as a pricing policy?
A. Market skimming
B. Market selection
C. Packaging
D. Labelling
Question 15
In e-banking, ATM means
A. Authentic Teller Machine
B. All-purpose Teller Machine
C. Automatic Teller Machine
D. Automated Teller Machine

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