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jamb1insurance
Q1. Insured is likewise known as
Ainsuree
BInsurer
Cpolicy holder
Dcontractor
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jamb1999accounting
Q2. Goodwill can be valued in partnership when?
Aa partners make profits
Blarge losses are made
Ca partner retires
Da new branch is opened
Correct Answer: C
When a partner retires, goodwill must be valued to determine the retiring partner's fair share of the business value, including intangible assets like goodwill.
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jamb2025commerce
Q3. The most important function of commerce is
AAids to trade
BAdvertising
CManufacturing
DIndustry
Correct Answer: A
Commerce’s primary function is providing aids to trade (e.g., banking, transport) to facilitate exchange.
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jamb2025accounting
Q4. What is the purpose of financial planning?
ATo achieve financial goals
BTo manage financial resources
CTo reduce financial risk
DAll of the above
Correct Answer: D
Financial planning encompasses setting goals, managing resources, and mitigating risks for financial stability.
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jamb2010commerce
Q5. Division of labour ultimately leads to
Aconservation
Bintegration
Cspecialization
Drepetition
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jamb2023English Language
Q6. The driver will ____ students going to Lagos at 7 a.m.
ALift
BLift up
CPick
DPick up
Correct Answer: D
'Pick up' means collect, fitting transportation.
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jamb2019chemistry
Q7. Given the standard enthalpies of formation: CO(g) = -110 kJ/mol, H₂O(g) = -242 kJ/mol, CO₂(g) = -394 kJ/mol, what is the enthalpy change for CO(g) + H₂O(g) → CO₂(g) + H₂(g)?
Q8. In the Second Republic, the ruling National Party of Nigeria formed an alliance with the
AUnity Party of Nigeria
BNigeria People’s Party
CGreat Nigeria People’s Party
DNigeria Advance Party
Correct Answer: B
The NPN allied with the NPP in the Second Republic (1979-1983) to secure a governing majority in the National Assembly.
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jamb2018chemistry
Q9. Which of the following gases will have the highest rate of diffusion at the same temperature and pressure? [Molar masses: He = 4 g/mol, N₂ = 28 g/mol, O₂ = 32 g/mol, CO₂ = 44 g/mol]
AHe
BN₂
CO₂
DCO₂
Correct Answer: A
According to Graham’s Law, the rate of diffusion of a gas is inversely proportional to the square root of its molar mass. Helium (He) has the lowest molar mass (4 g/mol), so it diffuses the fastest among He, N₂, O₂, and CO₂ at the same temperature and pressure.
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jamb4insurance
Q10. A buyer of insurance product is
Ainsured
Bpromise
Cinsurer
Dinsuree
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jamb2002government
Q11. The body set up to review the revenue allocation formula in 1980 was the
AUdoji Commission
BOkigbo Commission
CDina Commission
DAdebo Commission
Correct Answer: B
The Okigbo Commission was set up in 1980 to review Nigeria's revenue allocation formula. The commission, acting as a presidential commission, recommended that revenue should be shared as follows:
• 55% to the federal government
• 35% to state governments
• 10% to local governments
The recommendations were based on the following principles:
Minimum responsibility
Social development
Population
Internal revenue effort
This framework was designed to ensure a more equitable distribution of revenue across the different tiers of government in Nigeria.
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jamb2024accounting
Q12. Nasara Manufacturing Plc has three direct labour employees working 40 hours each a week for 50 weeks. Factory overhead costs of N60,000 are distributed based on direct labour hours. Compute the overhead rate per hour.
A lunar eclipse occurs when the Earth is between the sun and the moon, casting a shadow on the moon.
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jamb2023accounting
Q14. Provision for bad debts is found on the
Adebit side of purchases ledger control account
Bdebit side of sales ledger control account
Ccredit side of purchases ledger control account
Dcredit side of sales ledger control account
Correct Answer: D
Provision for bad debts reduces receivables, recorded on the credit side of the sales ledger control account.
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jamb2015government
Q15. Nigeria spearheaded the formation of ECOWAS during the regime of
AOlusegun Obasanjo
BYakubu Gowon
CMuritala Muhammad
DIbrahim Babangida
Correct Answer: B
Nigeria played a pivotal role in the formation of the Economic Community of West African States (ECOWAS) during the regime of General Yakubu Gowon. In collaboration with Togolese President Gnassingbé Eyadéma, Gowon initiated efforts to promote economic integration in West Africa. Their joint diplomatic missions across the region culminated in the signing of the Treaty of Lagos on May 28, 1975, officially establishing ECOWAS.
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jamb2019physics
Q16. An object is placed 15cm from a converging lens of focal length 10cm. What is the image distance?
A30cm
B15cm
C10cm
D20cm
Correct Answer: A
Using the lens formula 1/f = 1/u + 1/v, where f = 10cm, u = 15cm: 1/10 = 1/15 + 1/v. 1/v = 1/10 - 1/15 = 1/30. v = 30cm.
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jamb2021economics
Q17. The primary advantage of a partnership over a sole proprietorship is
Alimited liability
Baccess to more capital
Cperpetual existence
Dsingle ownership
Correct Answer: B
Partnerships allow multiple partners to pool resources, providing greater access to capital compared to a sole proprietorship.
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jamb2009englishlit
Q18. An expression that signifies a whole through its significant parts is
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jamb2014physics
Q19. A car accelerates uniformly from rest at 3 m s⁻². Its velocity after traveling a distance of 24 m is
A12 m s⁻¹
B144 m s⁻¹
C72 m s⁻¹
D36 m s⁻¹
Correct Answer: A
Given information:
Initial velocity, u = 0 m s⁻¹
Acceleration, a = 3 m s⁻²
Distance, s = 24 m
Solution:
Step 1: Choose the appropriate kinematic equation
v² = u² + 2as
Step 2: Substitute the values
v² = 0² + 2 × 3 × 24 = 144
Step 3: Solve for v
v = √144 = 12 m s⁻¹
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jamb2018commerce
Q20. Spot market goods are those which are available for
Aimmediate delivery
Bshort-term delivery
Clong-term delivery
Dend of year delivery
Correct Answer: A
Spot market goods are available for immediate delivery, with transactions settled instantly upon agreement. Short-term, long-term, or end-of-year deliveries relate to futures or contracts, not spot markets.