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Thursday, 09 April 2026
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Economics Past Questions and Answers

Jamb Economics Questions

Question 36:
Foreign exchange control in Nigeria is administered by the?
  • A United Bank for Africa
  • B Union Bank of Nigeria
  • C First Bank Of Nigeria
  • D Central Bank of Nigeria
  • E Natonal Bank of Nigeria
View Answer & Explanation
Question 37:
Under the ECOWAS agreement, a Nigerian can enter and stay in Ghana without visa for a period of?
  • A 14 days
  • B 30 days
  • C 60 days
  • D 90 days
  • E 100 days
View Answer & Explanation
Question 38:
How many National Development Plans did Nigeria have between 1960 and 1984?
  • A One
  • B Two
  • C Four
  • D Five
  • E Six
View Answer & Explanation
Question 39:
If an economy grows at an annual rate of 6%, of which is deemed to be due to improvement in the productivity of labour and capital combined, the remaining 2% is generally attributed to
  • A Technical progress
  • B Size of the population
  • C Amount of natural resources
  • D The environment
  • E The quality of human resources
View Answer & Explanation
Question 40:
The process by which a country attempts to reduce the import of manufactured goods at home is described as?
  • A Export-promotion
  • B Import-substitution
  • C Industrialization
  • D Export-diversification
  • E Import-creation
View Answer & Explanation