UNIZIK POST UTME PAST QUESTIONS

UNIZIK POST UTME PAST QUESTIONS:Do you require the Nnamdi Azikiwe University Awka (UNIZIK) Post-UTME previous exam papers along with their corresponding solutions? No need to fret, as we have meticulously put together the latest UNIZIK Post-UTME past questions and answers in PDF format. These resources will effectively guide you in preparing for your screening exercise. They are indeed authentic and original copies.

DOWNLOAD FOR FREE ON WWW.STUDYRUBY.COM

YEAR: 2022/2023

YEAR:2019/2020

1. Buying and selling products through a network of digital devices is ____.

A. E-transfer

B. E-payment

C. E-mail

D. E-commerce

2. Which of the following is not a factor of production’?

A. Staffing

B. Land

C. Labour

D. Capital

3. Industrial, commercial and service are types of ___.

A. Specialisation

B. Occupation

C. Manufacturing

D. Extraction

4. The reward for capital is _____.

A. rent

B. profit

C. interest

D. Dividend

5. A document in which the  internal regulations of a company are stated as _____.

A. Partnership Deed

B. Memorandum of Association

C. Certificate of Incorporation

D. Articles of Association

6. A business that can obtain capital through the sale of shares is a _____.

A. sole proprietors

B. Public corporation

C. Public company

D. Cooperative society

7.A problem associated with barter is _____.

A. Difficulty in collecting debt

B. Inability to measure what is to be exchanged

C. Inability to produce enough goods

D. Poor road network delaying transportation of goods

8. Dissolution of a partnership could arise from ____.

A. fall in output

B. death of a member

C. Non-access to capital

D. increase in market share

9. A source of a cooperative society is _____.

A. contribution

B. debenture

C. ordinary share

D. retained profit

10. Which of the following activities does not belong to the extractive industry?

A. Barbing

B. Drilling

C. Farming

D. Mining

11. The excess value of to, assets over total liabilities is _____.

A. working capital

B. paid-up capital

C. capital owned

D. borrowed capital total

12. A voluntary association of businessmen who are not in the same line of business is a _____.

A. bureau de charge

B. trade union

C. trade association

D chamber of commerce

13. A similarity of a private and public company is that they ______.

A. are required to publish their final accounts

B. have equal number of members

C. receive certificate of incorporation

D. sell shares on the stock exchange

14. Which of the following is not a type of security?

A. Debenture

B. Overdraft

C. Share

D. Stock

15. An organisation that could strive for improvement in electricity and telephone services to users is ____.

A. a consumers’ association

B. an employers’ association

C. a manufacturers’ association

D. a trade association

16. The business in which sale of goods involves use of involves is a _____.

A. chain store

B. mobile shop

C. shopping mall

D. tied shop

17. The arrangement for the conveyance of goods abroad is performed by the _____.

A. ports authority

B. Customs and excise authority

C. chamber of commerce

D. clearing and forwarding agents

18. One of the barriers to foreign trade is ______.

A. trade liberalisation

B. removal of tariff

C. memorandum of understanding

D. imposition of embargo

19. The term 2%/15 net 30 represent a ______.

A. cash discount

B. quantity discount

C. seasonal discount

D. trade discount

Use the diagram below to answer questions 20 to 22

20. The instrument in the diagram is a _____.

A. warrant

B. money order

C. cheques

D. deposit slip

21. The two lines on the instrument shows that it is _____.

A. paid

B. crossed

C. cancelled

D. altered

22. The instrument will not be valid on _____.

A. October 25,2023

B. September 25, 2023

C. July 25, 2023

D June 25, 2023

23. The rate at which a country’s exports exchange for its imports is _____.

A. terms of trade

B. terms of payment

C. balance of trade

D. balance of payment

24. When a seller wishes to be paid before supplying goods, he would send the buyer a _____.

A. consular invoice

B. consignment note

C. credit note

D. pro forma invoice

25. A bill of lading that is tagged clean means that the goods being delivered are _____.

A. paid for

B. on credit

C. not damaged

D. duty free

26. If opening arid closing inventories of a business are D500 and D300 respectively and cost of sales is D1,200, rate of turnover will be ______.

A. 4.0 times

B. 3.0 times

C. 2.4 times

D. 1.5 times.

27. The function of money that makes it generally acceptable is ______.

A. medium of exchange

B. standard of deferred payment

C. store of value

D. unit of account

28. A reduction in the value of a country’s currency in relation to that of other countries is ____.

A. inflation

B. deflation

C. devaluation

D. revaluation

29. The penalty paid for not off-loading goods at a port within the stipulated time is ______.

A. charge

B. demurrage

C. dock due

D. freight.

30. An advantage of road transport over other means of transport is that ______.

A. canteen services are provided during the course of transportation

B. packing and loading is handling activities are handled by experts

C. Specific vehicles could be used to carry certain loads

D. terminal handling is eliminated by door-to-door delivery