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1531
The concentration of industries in one place is referred to as
  • A. location of industries
  • B. multiplication of industries
  • C. pluralization of industries
  • D. proliferation of industries
  • E. localization of industries
View Answer & Discuss WAEC 1990
1532
which of the following best describes the budget? A
  • A. plan of government's needs and expenditure for a year
  • B. detailed estimate of government financial operation for a year
  • C. satisfactory balance between income and expenditure for one year
  • D. plan for importation of essential goods and services for one year
  • E. plan for control of government industries and corporations for one year
View Answer & Discuss WAEC 1990
1533
Which of the following is not done by the NNPC?
  • A. production of crude oil
  • B. Refining of crude oil
  • C. Exploration for crude oil
  • D. Exploitation of crude oil
  • E. Pricing of crude oil
View Answer & Discuss WAEC 1990
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1534
One major function of the Central Bank is to
  • A. mint money
  • B. hold demand deposit and honour cheques
  • C. act as a medium of exchange
  • D. create money
  • E. control and regulate money supply
View Answer & Discuss WAEC 1990
1535
Distribution involves the
  • A. movement of raw materials to production centres
  • B. transfer of goods and services from one market to another
  • C. movement of goods and services by middlemen to urban centres
  • D. transfer of goods and services from wholesalers to consumers
  • E. transfer of goods and services from production centre to consumers
View Answer & Discuss WAEC 1990
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