Search SchoolNGR

Sunday, 12 April 2026
Register . Login

Economics Past Questions and Answers

Post Utme Economics Questions

Question 196:
Which of the following will ensure efficiency in the industrial sector for your country?
  • A Indigenization
  • B Privatization
  • C Nationalization
  • D Liquidation
View Answer & Explanation
Question 197:
Which of the following is not a direct effort to increase agricultural production?
  • A Operation feed the nation
  • B Use of improved seedlings
  • C Increased loans to farmers and co-operative societies
  • D National Youth Service Corps
View Answer & Explanation
Question 198:
The act of selling goods in foreign markets at prices below those charged at home markets is called ____________
  • A Exchange
  • B Specialization
  • C Dumping
  • D Exporting
View Answer & Explanation
Question 199:
One disadvantage of direct taxes is that ____________
  • A Government’s revenue is reduced
  • B Price of essential commodities fall
  • C People are discouraged from additional work
  • D Firms make more profit
View Answer & Explanation
Question 200:
Trade among West African countries is poor because the ____________
  • A Countries are self-sufficient
  • B Communication links are weak
  • C Number of banks is insufficient
  • D People are not enterprising
View Answer & Explanation