Jamb Economics 2007 Past Questions and Answers

Question 21:

• JAMB 2007

The minimum number of shareholders for a joint stock company is

A. 2
B. 3
C. 4
D. 7

Question 22:

• JAMB 2007

The survival of a partnership depends on

A. The managerial ability of the partners
B. Access to finance
C. The goodwill of the partners
D. Political stability

Question 23:

• JAMB 2007

A major objective of the Federal Government's initiative on cassava production in Nigeria is to

A. Diversify the export base of the economy
B. Ensure the availability of cassava
C. Make cassava a staple food in the country
D. Provide raw materials for industries

Question 24:

• JAMB 2007

A country would develop its agricultural sector first so as to

A. Stabilize the prices of agricultural products
B. Stabilize the prices of industrial products
C. Create a market for the agricultural sector
D. Create a market for the industrial sector

Question 25:

• JAMB 2007

Foreign investment can be attracted to Nigeria through

A. A review of the tax policy
B. A review of interest rates
C. The revaluation of the naira
D. A review of the naturalization policy