Economics (UI) | Study Mode

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Question 61
A
Boom
B
Deflation
C
Inflation
D
Recession
E
stagnation
Explanation

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Correct option: B
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Question 62
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
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
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
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
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
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
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
A
agriculture
B
education
C
telecommunication
D
transport
E
distribution
Explanation

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Correct option: C
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Question 70
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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