Question 491:

• JAMB 1980

Which would you NOT consider an agro-based industry in Nigeria?

A. A diary enterprise producing milk
B. A yam floor mill
C. A poultry industry
D. A fertilizer plant
E. None of the above

Question 492:

• JAMB 1980

Price control indicate the following

A. Price is fixed at equilibrium level
B. Price is fixed above equilibrium level
C. Price is not fixed but determined by demand and supply
D. Price is fixed below equilibrium level
E. None of the above

Question 493:

• JAMB 1980

Which is NOT a function of Central Bank in West Africa

A. Dealing in foreign exchange
B. Issuing of currency
C. Accepting deposit from private customers
D. Acting as government bank
E. Acting as bankers bank

Question 494:

• JAMB 1980

Which is NOT a cause of high population growth in Nigeria?

A. Family planing Unit of Nigeria
B. Improve medical facilities
C. Reduction in death rate
D. Improve hygiene
E. Increased birth rate

Question 495:

• JAMB 1980

Commercial banks can create money in the following ways?

A. By using coins and paper money
B. By borrowing money from banks abroad
C. By receiving deposit from individuals
D. By printing money on the instruction of the central bank
E. None of the above