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Economics Past Questions and Answers

Economics Questions

Question 1166:
The most popularly adopted industrialization strategy in West Africa is?
  • A Import substitution
  • B Export promotion
  • C Ports development
  • D Infant industries protection
View Answer & Explanation
Question 1167:
One of the most important factors that should be considered in the location of an industry is?
  • A Nearness to the financial centre
  • B Assured patronage by government functionaries
  • C Availabilities of inputs and market
  • D Availabilities of adequate security
View Answer & Explanation
Question 1168:
Since the mid-1980s, the most disturbing development in the industrial sector in Nigeria is?
  • A Labour intensity
  • B Capital intensity
  • C Poor technology
  • D Capacity under-utilization
View Answer & Explanation
Question 1169:
The money market is a financial market that specializes in the provision of?
  • A Short-term loans
  • B Medium-term loans
  • C Long-term loans
  • D Venture capital for development projects
View Answer & Explanation
Question 1170:
Which of the following programmes in the monetary sector is aimed at enhancing the banking habit of the rural areas?
  • A The deregulation of the banking system
  • B The increase in the number of merchant banks
  • C The community banking scheme
  • D The deregulation of interest rate
View Answer & Explanation