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1321
The reform in the banking sector in Nigeria is principally motivated by the need to
  • A. increase the capital base of banks
  • B. provide more money to run the economy
  • C. minimize the rate of bank failures
  • D. enhance efficiency in bank operations
View Answer & Discuss (1) JAMB 2009
1322
A manufacturer who wants to build a new plant will source funds from the
  • A. commercial banks
  • B. money market
  • C. capital market
  • D. government
View Answer & Discuss (3) JAMB 2009
1323

Cost-push inflation occurs when

  • A. production cost is high
  • B. factor prices decrease
  • C. there is too much money in circulation
  • D. government embarks on deficit financing
View Answer & Discuss JAMB 2009
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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1324
The Basic Needs Approach to development is
  • A. poverty alleviation
  • B. provision of educational infrastructure
  • C. provision of health services
  • D. improvement in workers income
View Answer & Discuss JAMB 2009
1325

If government expenditure exceeds revenue, this result in

  • A. balanced budget
  • B. national debt
  • C. budget deficit
  • D. budget surplus
View Answer & Discuss JAMB 2009
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