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4871

The greatest foreign exchange earner for Nigeria before the advent of petroleum was

 

  • A. handicraft
  • B. agriculture
  • C. mining
  • D. manufacturing
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4872

Which of the following is not a function of an insurance company?

 

  • A. Collection of deposits from the public for investment
  • B. Encouragement of savings habits through life assurances
  • C. Mobilization of funds through premiums collected
  • D. Granting of loans on long-term basis for investment
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4873

One disadvantage of direct taxes is that they

  • A. can be evaded
  • B. are not rigid
  • C. can be progressive
  • D. allocate scarce resources
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4874

The reward to land as a factor of production is

  • A. Interest
  • B. wage
  • C. rent
  • D. profit
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4875

Acceptability , durability, homogeneity , and portability are all attributes of good

  • A. money
  • B. markets
  • C. government
  • D. BANK
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