Improvement in transportation provides more opportunities for
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Financial institutions are institutions which serve the purpose of channeling funds from
A. Lenders to borrowers
B. From one friend to another
C. Bankers to debtors
D. Government to citizens
Answer: A
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The major problems of road development in Nigeria can be traced to all of these except
A. Resources constraint
B. Attitude of the people staying near the roads to be developed
C. Long distances and difficult terrains that make road construction an expensive project
D. Harsh and extreme climatic conditions
Answer: B
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The installation of the first power plant in Nigeria was in
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The following except one are types of economic integration
A. Free Trade Area
B. Economic Union
C. Economic sanctions
D. The Common Market
Answer: C
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The economic infrastructural sub-sector embraces a group of hardcore economic activities which relates to the provision of all of these services except
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The contribution (in N million) of the Utilities Sector to the 1985 Gross Domestic Product in Nigeria is
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Small and Medium scale Enterprises are assumed to be the engine of growth of most economies as they perform the following growth enhancing functions
A. Reduce the per capita income and output, create employment opportunities and the promotion of resource utilisation
B. Increase the per capita income and output, create employment opportunities and the promotion of resource utilisation
C. Increase the per capita income and output, create unemployment and the promotion of resource utilisation
D. Increasing the per capita income and output, create employment opportunities and the promotion of urban slums
Answer: B
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One of these is not a service provided by the financial system
A. Facilitation of foreign exchange transactions to exchange foreign trade
B. Financial intermediation
C. Financial investigation
D. Resource mobilization and allocation
Answer: C
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Means of communications include all these except
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