by Sunday | Oct 23 | Economics JAMB
A. overdependence on foreign aids B. inadequate funding of projects C. poor implementation strategies D. shortage of skilled manpower Correct Answer: Option C – poor implementation strategies Explanation One of the major reasons why developmental plans fail in...
by Sunday | Oct 23 | Economics JAMB
A. implement government stabilization policy B. increase taxes and decrease government expenditure C. increase government expenditure and decrease taxes D. ensure even distribution of job opportunities Correct Answer: Option D – ensure even distribution of job...
by Sunday | Oct 23 | Economics JAMB
A. balanced budgeting B. deficit budgeting C. surplus budgeting D. zero budgeting Correct Answer: Option B – deficit budgeting Explanation A budget deficit typically occurs when expenditures exceed revenue. This is one of the major reasons for Nigeria’s...
by Sunday | Oct 23 | Economics JAMB
A. maintaining a stable price in the economy B. regulating monetary policies C. granting loans to customers D. issuing bank notes and coins Correct Answer: Option C – granting loans to customers Explanation The primary functions of a commercial bank are...
by Sunday | Oct 23 | Economics JAMB
A. increase in money supply in the economy B. reduce the cash reserve ratio for banks C. reduce money supply in the economy D. increase the capital base of commercial banks Correct Answer: Option C – reduce money supply in the economy Explanation By buying...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
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