by Sunday | Oct 26 | Economics JAMB
A. exploration and transportation B. upstream and downstream C. discovery and extraction D. onshore and offshore Correct Answer: Option B – upstream and downstream Explanation The term upstream and downstream is used in the oil and gas industry to refer to the...
by Sunday | Oct 26 | Economics JAMB
A. consumer goods originally imported B. machinery for industries C. more goods for exports D. more goods domestic consumption Correct Answer: Option C – more goods for exports Explanation Export Promotion strategy is geared towards promoting only the industries...
by Sunday | Oct 26 | Economics JAMB
A. skilled labour B. power C. infrastructural facilities D. limestone Correct Answer: Option D – limestone Explanation A major determinant in locating a cement factory will be the availability of raw materials, in this case which is...
by Sunday | Oct 26 | Economics JAMB
A. land use system B. inadequate supply of farm inputs C. low income of farmers D. limited research on seedlings Correct Answer: Option B – inadequate supply of farm inputs Explanation Farm inputs are the resources that are used in farm production, such as...
by Sunday | Oct 26 | Economics JAMB
A. lack of infrastructural facilities B. rural-urban migration C. inadequate supply of fertilizer D. low level of technology Correct Answer: Option A – lack of infrastructural facilities Explanation Infrastructures are the basic facilities that help a government...