Jamb Economics 1982 Past Questions and Answers

Question 21:

• JAMB 1982

Population growth can be calculated as ?

A. Birth rate + death rate + migration rate + immigration rate
B. Birth rate – death rate + migration rate -immigration rate
C. Birth rate + death rate – migration rate + immigration rate
D. Birth rate – death rate – emigration rate + immigration rate
E. Birth rate – death rate

Question 22:

• JAMB 1982

Retailers are greater in numbers than wholesalers because?

A. Retail business may not be registered or incorporated
B. Retail business requires less expertise
C. Retailers deal with final consumers
D. All retail businesses are large enterprises
E. All retail businesses are small enterprises

Question 23:

• JAMB 1982

The purpose of import duties does NOT include the?

A. Generation of revenue for government
B. Protection of domestic industries
C. Promotion of international trade
D. Conservation of foreign exchange earnings
E. Control of comsuption pattern

Question 24:

• JAMB 1982

The chief sources of Federal Government revenue in Nigeria are?

A. Import duties, petroleum, import tax, profit tax, royalties and government dividends
B. Personal income tax, excise tax and vehicle licenses
C. Export duties, personal income tax and royalties
D. Property income, sales tax and excise tax
E. Import duties, sales tax and poll tax

Question 25:

• JAMB 1982

Function of commercial banks do NOT include?

A. Lending with interest charges
B. Carrying out transactions on behalf of customers
C. Expansion of money supply
D. Keeping of security document s for customers
E. Printing of currency