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Economics 1982 JAMB Past Questions

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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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11
The National Electric Power Authority (NEPA) is a?
  • A. Public limited company
  • B. Public liability company
  • C. Private authority
  • D. Public corporation
  • E. Federal government authority
View Answer & Discuss JAMB 1982
12
Which one of the following functions of banks in Nigeria is reserved to the Central Bank?
  • A. Accepting deposits
  • B. Serving as agents for payments
  • C. Issuing bank-notes
  • D. Lending to customers
  • E. Purchasing and selling of stock exchange securities
View Answer & Discuss (6) JAMB 1982
13

The difference between visible exports and invisible exports of a country, in money terms, is known as the?

  • A. Balance of trade
  • B. Balance of payments
  • C. Terms of trade
  • D. Foreign reserves
  • E. Special drawing right
View Answer & Discuss (7) JAMB 1982
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14

The main economic goal of ECOWAS is the attainment of ?

  • A. regional free trade
  • B. Multilateral trade
  • C. bilateral trade
  • D. economic self-reliance
  • E. The economic emancipation of Africa
View Answer & Discuss (2) JAMB 1982
15
Taxes which are levied on a person’s expenditures are known as?
  • A. Purchase tax
  • B. Sales tax
  • C. Direct tax
  • D. Poll tax
  • E. Income tax
View Answer & Discuss (1) JAMB 1982
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