Economics 1998 Jamb Past Questions and Answers

Question 16 :

• JAMB 1998

The sector that employs the largest proportion of the active labour force in Nigeria is the?

A. Oil sector
B. Federal civil services
C. Financial sector
D. Agricultural sector

Question 17 :

• JAMB 1998

An entirely domestic effort directed at improving agricultural production in Nigeria is the?

A. Agricultural Development Programme
B. Agro-industrial Development Scheme
C. Food and Agricultural Organization
D. National Land Development Authority

Question 18 :

• JAMB 1998

A factor that influences the location of a firm near its market is the?

A. Transportation of bulky raw materials
B. External economies
C. High cost of transporting finished goods
D. Availability of skilled manpower

Question 19 :

• JAMB 1998

In many developing countries, infrastructural problems is acute due to the shortage of?

A. Industries and industrial equipment
B. Savings, investment and consumption
C. Natural resources for development
D. Supporting services that encourage economic activities

Question 20 :

• JAMB 1998

Export-promotion policy is primary concerned with the?

A. Processing of raw materials to increase their value
B. Making of international routes safe for export commodity
C. Reduction in the number of imported items
D. Encourage of the production of export commodities