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Question 62 Economics (UI) | UI Post UTME
A
unemployment  
B
bank robbery  
C
development-oriented central/reserve bank  
D
inflationary pressure  
E
substitutes like ATMs, cheques and bank draft.  
Explanation.
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Correct Option:
D
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Question 63 Economics (UI) | UI Post UTME
A
reserve ratio  
B
liquidity ratio  
C
capital base  
D
monetary policy rate  
E
all of the above  
Explanation.
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Correct Option:
A
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Question 64 Economics (UI) | UI Post UTME
A
budget  
B
development plan  
C
rolling plan  
D
perspective plan  
E
financial plan  
Explanation.
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Correct Option:
A
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Question 65 Economics (UI) | UI Post UTME
A
national budget appropriation  
B
State-Local Government joint account  
C
revenue allocation from the federation account  
D
federal road projects  
E
federal character principle  
Explanation.
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Correct Option:
C
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Question 66 Economics (UI) | UI Post UTME
A
Mining rents and royalties  
B
Company income tax  
C
Import duties  
D
Export duties  
E
Petroleum profits tax  
Explanation.
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Correct Option:
E
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Question 67 Economics (UI) | UI Post UTME
A
A rise in industrial output  
B
Low farm productivity  
C
Free trade  
D
Ineffective trade unions  
E
corruption  
Explanation.
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Correct Option:
B
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Question 68 Economics (UI) | UI Post UTME
A
Economic growth  
B
Economic development  
C
Structural change  
D
Stagflation  
E
Sustainable income growth  
Explanation.
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Correct Option:
A
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Question 69 Economics (UI) | UI Post UTME
A
agriculture  
B
education  
C
telecommunication  
D
transport  
E
distribution  
Explanation.
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Correct Option:
C
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Question 70 Economics (UI) | UI Post UTME
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  
Explanation.
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Correct Option:
C
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