Past Questions And Answers
A form of money with face value which is greater than the value of the metal content is
- A. legal tender
- B. bank notes
- C. token money
- D. commodity money
\(\begin{array}{c|c} \oplus mod 10 & 2 & 4 & 6 & 8 \\ \hline 2 & 4 & 8 & 2 & 6 \\4 & 8 & 6 & 4 & 2\\ 4 & 8 & 6 & 4 & 2\\ 6 & 2 & 4 & 6 & 8\\ 8 & 6 & 2 & 8 & 4\end{array}\)
The multiplication table above has modulo 10 on the set S = (2, 4, 6, 8). Find the inverse of 2
- A. 2
- B. 4
- C. 6
- D. 8
For democracy to be sustained in a country it needs a
- A. rich political leader
- B. well - informed electorate
- C. partial electoral commission
- D. large police force
Which one of the following statements is true?
- A) Most of solids have low densities
- B) most gases are ionic compounds
- C) solids, like liquids and gases, do not have fixed shapes and fixed volumes
- D) gases do not have their own shape but rather expand to fill the shapes of their containers uniformly
The rate of turnover is the number of times within a given period that
- A. stock is sold and replaced
- B. closing stock is sold and replaced
- C. purchases are added to stock
- D. average stock is sold
One of the characteristics of monopolistic competition is that
- A. there is mobility of factors of production
- B. no single seller dominates the market
- C. the firms are price-takers
- D. consumers have perfect knowledge of price
The difference in structure, morphological and behavior of plant and animal is called
- A. adaptation
- B. evolution
- C. variation
- D. succession
Money set aside for the saving of business overheads is referred to
- A) Capital Expenditure
- B) Revenue Expenditure
- C) Revenue receipts
- D) Capital receipts
From the words lettered A to D below each of the following sentences, choose the word that is nearest in meaning to the underlined word as it is used in the sentence.
The boss is quiteinflexible once she has made up her mind
- A. wicked
- B. relaxed
- C. unyielding
- D. excited
Adu's scores in five subjects in an examination are 85, 84, 83, 86 and 87. Calculate the standard deviation.
- A. 2.0
- B. 1.4
- C. 1.8
- D. 1.6

