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Economics 2004 NECO Past Questions

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21
Excise duties are taxes levied on
  • A. goods coming into the country
  • B. goods going out of the country
  • C. industrial incomes
  • D. locally manufactured goods
  • E. selected consumer durable
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22
The main differences between money market and capital market is that money markets
  • A. acts as advisers to investor while capital markets teleguides
  • B. are owned by individuals, while capital markets are owned by government
  • C. accepts collateral, while capital markets does not accept such
  • D. accepts funds while capital markets disburse fun to investors
  • E. provide short term loans, while capital markets provide long-term loans
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23
Which of the following is NOT a function of the wholesaler in the distributive channel?
  • A. Bulk breaking
  • B. Direct contact with end users
  • C. Feedback information to manufacturers
  • D. Public relations and advertising of products
  • E. Storage facilities for finished products
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24
A business organization set up for the mutual benefits of member with similar interest is known as
  • A. cooperative society
  • B. partnership
  • C. private limited company
  • D. public corporation
  • E. public limited company
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25
A development planning which takes a long range view of the economy and covers a period of 10-20 years is regarded as
  • A. comprehensive planning
  • B. indicative planning
  • C. perspective planning
  • D. regional planning
  • E. sectors planning
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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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