Welcome to Schoolngr.com

Search SchoolNGR

Monday, 27 July 2026
Register . Login

Economics Past Questions and Answers

Economics Questions

Question 1931:
JAMB 2010
The function of money which makes division of labour possible is its
SchoolNGR Classroom
  • A Unit of account
  • B Store of value
  • C Medium of exchange
  • D Standard of deferred payment
View Answer & Explanation
Question 1932:
JAMB 2010
By buying treasury bills, the Central Bank of Nigeria intends to
SchoolNGR Classroom
  • A Increase 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
View Answer & Explanation
Question 1933:
JAMB 2010
One of the functions of commercial banks is
SchoolNGR Classroom
  • A Maintaining stable price in the economy
  • B Regulating monetary policies
  • C Granting loans to customers
  • D Issuing bank notes and coins
View Answer & Explanation
Question 1934:
JAMB 2010
In Nigeria, the huge public debt is as a result of
SchoolNGR Classroom
  • A Balanced budgeting
  • B Deficit budgeting
  • C Surplus budgeting
  • D Zero budgeting
View Answer & Explanation
Question 1935:
JAMB 2010
A strategy for curbing unemployment is to
SchoolNGR Classroom
  • 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
View Answer & Explanation

Stay Updated

Follow us on:


Subjects