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Economics Past Questions and Answers

Economics Questions

Question 1936:
National development plans in Nigeria fail mainly because of
  • A Overdependence on foreign aids
  • B Inadequate funding of projects
  • C Poor implementation strategies
  • D Shortage of skilled manpower
View Answer & Explanation
Question 1937:
The ultimate aim of agricultural policies in Nigeria is to achieve?
  • A Food sufficiency
  • B Industrialization
  • C Full employment
  • D Industrial capacity utilization
View Answer & Explanation
Question 1938:
Government can boost agricultural output in Nigeria primarily by
  • A Embarking on buffer stock programmes
  • B Placing embargo on food importation
  • C Granting subsidies on farm inputs
  • D Placing farmers on monthly income
View Answer & Explanation
Question 1939:
The ultimate aim of agricultural policies in Nigeria is to achieve
  • A Food sufficiency
  • B Industrialization
  • C Full employment
  • D Industrial capacity utilization
View Answer & Explanation
Question 1940:
Localization of industries refers to the
  • A Spread of firms producing different products
  • B Siting of industries near the market
  • C Concentration of firms of an industry
  • D Siting of firms producing different products
View Answer & Explanation