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Economics 1992 JAMB Past Questions

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16
The main reason for the current programme of privatization and commercialization of public enterprises in Nigeria is to?
  • A. reduce public expenditure
  • B. encourage efficiency in the performance of such enterprises
  • C. reduce the number of public enterprises
  • D. raise the prices of goods and services produced by the enterprises
View Answer & Discuss JAMB 1992
17
The type of business finance that entitles the holder to a fixed rate of dividend is?
  • A. perferred stock
  • B. common stock
  • C. debenture
  • D. bank loan
View Answer & Discuss (6) JAMB 1992
18
Farmers' income may fall if they produce more cash crops for export because?
  • A. foreign demand is inelastic
  • B. the price of the crops will rise
  • C. of domestic currency depreciation
  • D. of export duties
View Answer & Discuss (1) JAMB 1992
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19
Under the Nigerian Structural Adjustment Programme, the marketing of agricultural commodities in Nigeria has been placed under?
  • A. the marketing boards
  • B. the commodity boards
  • C. the river-basin authorities
  • D. private investors and individuals
View Answer & Discuss (3) JAMB 1992
20
The primary barrier to land reform in developing countries is the?
  • A. frequent opposition by the landlords
  • B. realization that output levels might fall
  • C. fear that peasants will be cut off from credit
  • D. general contentment with the present arrangement
View Answer & Discuss JAMB 1992
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