Post Utme Economics Questions
Question 51:
Nigeria, being a developing African
country in the sub-Sahara, has put together a development blue-print called Vision 20:2020 which can ensure that the country becomes
- A One of the 20 developed countries by the year 2020
- B An African economic ‘Tiger’ by the year 2020
- C One of the 20 largest economies in the world by the year 2020
- D One of the 20 largest economies in sub-Saharan Africa by the year 2020
- E One of the 20 largest economies in the developing world by the year 2020
View Answer & ExplanationQuestion 52:
The major objective of economic growth is to
- A Redistribute income and other benefit of growth
- B Equalize opportunity for education and employment
- C Increase aggregate expenditure on goods and services
- D Increase the real per capita income
- E Increase access to education
View Answer & ExplanationQuestion 53:
The most common index used for
measuring development is ____
- A The level of literacy
- B Per capita income
- C Nutritional levels
- D Population growth rate
- E International development index
View Answer & ExplanationQuestion 54:
Which is NOT a direct effort to increase agricultural production in Nigeria?
- A Operation Feed the Nation
- B Nigerian Youth Service Corps
- C Increased loans to farmers and
cooperatives - D Research in Agriculture and extension services
- E Mechanization of agriculture
View Answer & ExplanationQuestion 55:
Which of the following sectors of the economy is estimated to be the largest employer of labour in the country?
- A Construction
- B Agriculture
- C Distribution
- D Mining and petroleum
- E Transport and communications
View Answer & Explanation