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1191
The main source of government revenue in Nigeria is
  • A. import duties
  • B. rents and royalties
  • C. company income tax
  • D. capital gains tax
View Answer & Discuss (1) JAMB 2006
1192
The Revenue Mobilization, Allocation and Fiscal Commission in Nigeria has the primary responsibility for
  • A. maintaining the fiscal supremacy of the central government the fiscal supremacy of the central government
  • B. evolving an acceptable wage for public servants
  • C. evolving an acceptable revenue-sharing formula
  • D. ensuring equity in the sharing of fiscal responsibilities
View Answer & Discuss JAMB 2006
1193
The burden of a government tax on a commodity whose demand is inelastic will
  • A. be borne only by the government
  • B. fall more heavily on consumers
  • C. be shared equally between consumers and producers
  • D. fall more heavily on producers
View Answer & Discuss (2) JAMB 2006
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1194
An important determinant of price elasticity of demand is
  • A. the state of technology
  • B. the prices of other commodities
  • C. the ease of substitution
  • D. government policy
View Answer & Discuss JAMB 2006
1195
The range of the data 14,13,15,18,20,35 and 13 is
  • A. 20
  • B. 22
  • C. 13
  • D. 18
View Answer & Discuss (3) JAMB 2006
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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