by Sunday | Oct 19 | Economics JAMB
A. Sales promotion B. Term of trade C. Export promotion D. International trade Correct Answer: Option C = Export promotion Explanation Export promotion also called export drive is defined as any policy by which government encourages producers of export goods to...
by Sunday | Oct 19 | Economics JAMB
A. Preferential duties B. Preferential treatment C. Entreport D. Trade license Correct Answer: Option A – Preferential duties Explanation In other to encourage or discourage the importation of certain goods from certain countries discriminate duties are charged...
by Sunday | Oct 19 | Economics JAMB
A. Current capital B. Saving capital C. Working capital D. Social capital Correct Answer: Option B – Saving capital Explanation The different types of capital include: Fixed capital, which are assets not used up in the course of production. Circulatory or...
by Sunday | Oct 19 | Economics JAMB
A. Commercial bank B. Central bank C. Mortgage bank D. Merchant bank Correct Answer: Option B – Central bank Explanation Central bank is the highest financial institution in a country which carries out the monetary policy of the government. The central bank...
by Sunday | Oct 19 | Economics JAMB
A. An industrial union B. A workers union C. A craft union D. A technical union Correct Answer: Option C – A craft union Explanation Craft union is a labor union with membership limited to workers of the same craft. It is a union representing workers who share...
by Sunday | Oct 19 | Economics JAMB
A. Rural-urban migration B. Rural-rural migration C. Urban-rural migration D. Seasonal migration Correct Answer: Option A – Rural-urban migration Explanation As a result of difference in economic opportunities, people tend to migrate to where there are more...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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