Search SchoolNGR

Thursday, 23 April 2026
Register . Login

The main source of -1- (A. Production B. Revenue C .development D. capital) to the ...

The main source of -1- (A. Production B. Revenue C .development D. capital) to the government is -2-(A. planning B. budgeting C. Taxation .investment),which can be direct or indirect. while the former is based on one’s -3-(A. income B. profits C. services D. wealth),the latter is imposed on goods and -4-(A. re-numeration B. surpluses C. resources D. services) and it is paid only we these are -5- (A. supplied B. produced C. distributed D. bought) other sources includes -6- (A. compensation B. Benefits C. gratitude’s D. loyalties) such as those paid by mining companies, and sales of -7- (A. charges B. duties C. bills D. licenses ) for dogs,guns,hotels, etc .another major source is -8- (A. investment B. banking C .interest D. borrowing ) which is different from the other because it as to be repaid. From these and other sources, government is able to raise -9-(A. loans B. capitals C. money D. grant) with which it carries out its -10- (A. jobs B. necessities c. investments D. functions), which include administration and the -11- (A. settlement B. provision C. embarking D. commitment) of social services. Besides, it is able to control the country’s -12- (A. accounts B. budgets C. prices D. economy) by imposing taxes sometimes to prevent -13-(A. deflation B. monopoly C. inflation D. depression) or by altering pattern of -14- (A. consumption B. production C. development D. growth) through the raising of -15- (a. subsidy B. discount C. commission D. duty) against certain foreign goods.


Select the option that best fills the question labeled 10 in the above passage
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Jobs
  • B Necessities
  • C Investments
  • D Functions
Correct Answer: Option D
Explanation:
functions is the answer because Jobs and necessities are major forms of ‘functions’ leaving ‘investment’ out of the picture

Share question on: