Year : 
2013
Title : 
English Language
Exam : 
WASSCE/WAEC MAY/JUNE

Paper 1 | Objectives

81 - 90 of 102 Questions

# Question Ans

From the four options lettered A to D, choose the word that is the most suitable to fill the numbered gaps in the passage below.

In recent times, more and more people have become aware of the -76- of the stock market and the possibility of making huge profits from investing in stocks and shares. The process is quite easy: a person either buys the shares directly during a public -77- or does so through professional institutions or experts known as stock -78- . Thereafter, the buyer is issued with a share -79- to show that he owns shares in a company.
Investing in stocks and shares can be for a long or short term. A long-term investor does not hurry to sell his shares at any slight increase in price but instead is satisfied with the -80- which the company sends to him and other -81- annually from the -82- it declares. This is usually paid according to the number of -83- the investor holds. Those who invest for a short-term, on the other hand, sell their shares as soon as they can make reasonable profit from their investment.
However, it is advisable to be cautious because the stock market can be very -84- and occasionally there are -85- .

81.

Choose the word that is the most suitable to fill the number 79 in the passage.

A. warrant

B. identification

C. notice

D. certificate

Detailed Solution

Share certificates are documents issued by companies that sell shares in the market, showing that the bearer is a shareholder of the said company
82.

Choose the word that is the most suitable to fill the number 80 in the passage.

A. dividend

B. reward

C. money

D. payment

Detailed Solution

Dividend; a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
83.

Choose the word that is the most suitable to fill the number 81 in the passage.

A. buyers

B. people

C. creditors

D. shareholders

Detailed Solution

shareholders; an owner of shares in a company.
84.

Choose the word that is the most suitable to fill the number 82 in the passage.

A. amount

B. profit

C. value

D. units

Detailed Solution

profit; a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
85.

Choose the word that is the most suitable to fill the number 83 in the passage.

A. items

B. papers

C. shares

D. receipts

Detailed Solution

shares; one of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.
86.

Choose the word that is the most suitable to fill the number 84 in the passage.

A. unsure

B. independent

C. elusive

D. unstable

Detailed Solution

unstable; likely to change or fail
87.

Choose the word that is the most suitable to fill the number 85 in the passage.

A. falls

B. crashes

C. slips

D. drops

Detailed Solution

A stock market crash is when a market index drops severely in a day, or a few days, of trading.

One of the world’s oldest -86- is teaching. There must have been -87- who were respected because they were able to guide and -88- children towards the -89- of the desired goals of their communities. The -90- ceremonies for young adults common to many cultures are part of -91- education process of those cultures .There are also many informal ways of educating the young ones. When a young girl helps her mother in preparing the family -92-, she is learning culinary skills in an informal setting. One’s -93- group has a great influence on one. In the formal set-up of our schools today, education is well -94-. There is the -95- of authority from the principal down to the class -96-. We have a fixed -97- which plays an important role in -98- our attitudes and conditioning our -99- and responses to the demands of our -100-.

88.

Choose the word that is the most suitable to fill the number 86 in the passage.

A. tasks

B. activities

C. proffessions

D. duties

Detailed Solution

professions; a paid occupation, especially one that involves prolonged training and a formal qualification.
89.

Choose the word that is the most suitable to fill the number 87 in the passage.

A. societies

B. clubs

C. groups

D. individuals

Detailed Solution

individuals; a person of a specified kind.
90.

Choose the word that is the most suitable to fill the number 88 in the passage.

A. coerce

B. motivate

C. force

D. allow

Detailed Solution

motivate; provide (someone) with a reason for doing something.

From the four options lettered A to D, choose the word that is the most suitable to fill the numbered gaps in the passage below.

In recent times, more and more people have become aware of the -76- of the stock market and the possibility of making huge profits from investing in stocks and shares. The process is quite easy: a person either buys the shares directly during a public -77- or does so through professional institutions or experts known as stock -78- . Thereafter, the buyer is issued with a share -79- to show that he owns shares in a company.
Investing in stocks and shares can be for a long or short term. A long-term investor does not hurry to sell his shares at any slight increase in price but instead is satisfied with the -80- which the company sends to him and other -81- annually from the -82- it declares. This is usually paid according to the number of -83- the investor holds. Those who invest for a short-term, on the other hand, sell their shares as soon as they can make reasonable profit from their investment.
However, it is advisable to be cautious because the stock market can be very -84- and occasionally there are -85- .

81.

Choose the word that is the most suitable to fill the number 79 in the passage.

A. warrant

B. identification

C. notice

D. certificate

Detailed Solution

Share certificates are documents issued by companies that sell shares in the market, showing that the bearer is a shareholder of the said company
82.

Choose the word that is the most suitable to fill the number 80 in the passage.

A. dividend

B. reward

C. money

D. payment

Detailed Solution

Dividend; a sum of money paid regularly (typically annually) by a company to its shareholders out of its profits (or reserves).
83.

Choose the word that is the most suitable to fill the number 81 in the passage.

A. buyers

B. people

C. creditors

D. shareholders

Detailed Solution

shareholders; an owner of shares in a company.
84.

Choose the word that is the most suitable to fill the number 82 in the passage.

A. amount

B. profit

C. value

D. units

Detailed Solution

profit; a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.
85.

Choose the word that is the most suitable to fill the number 83 in the passage.

A. items

B. papers

C. shares

D. receipts

Detailed Solution

shares; one of the equal parts into which a company's capital is divided, entitling the holder to a proportion of the profits.
86.

Choose the word that is the most suitable to fill the number 84 in the passage.

A. unsure

B. independent

C. elusive

D. unstable

Detailed Solution

unstable; likely to change or fail
87.

Choose the word that is the most suitable to fill the number 85 in the passage.

A. falls

B. crashes

C. slips

D. drops

Detailed Solution

A stock market crash is when a market index drops severely in a day, or a few days, of trading.

One of the world’s oldest -86- is teaching. There must have been -87- who were respected because they were able to guide and -88- children towards the -89- of the desired goals of their communities. The -90- ceremonies for young adults common to many cultures are part of -91- education process of those cultures .There are also many informal ways of educating the young ones. When a young girl helps her mother in preparing the family -92-, she is learning culinary skills in an informal setting. One’s -93- group has a great influence on one. In the formal set-up of our schools today, education is well -94-. There is the -95- of authority from the principal down to the class -96-. We have a fixed -97- which plays an important role in -98- our attitudes and conditioning our -99- and responses to the demands of our -100-.

88.

Choose the word that is the most suitable to fill the number 86 in the passage.

A. tasks

B. activities

C. proffessions

D. duties

Detailed Solution

professions; a paid occupation, especially one that involves prolonged training and a formal qualification.
89.

Choose the word that is the most suitable to fill the number 87 in the passage.

A. societies

B. clubs

C. groups

D. individuals

Detailed Solution

individuals; a person of a specified kind.
90.

Choose the word that is the most suitable to fill the number 88 in the passage.

A. coerce

B. motivate

C. force

D. allow

Detailed Solution

motivate; provide (someone) with a reason for doing something.