Jamb Economics 2009 Past Questions and Answers

Question 36:

• JAMB 2009

The major problem confronting a sole proprietor is

A. High level of risk
B. Limited expertise
C. Limited source of capital
D. High taxation

Question 37:

• JAMB 2009

A public liability company is run on a daily basis by

A. The chief executive
B. The shareholders
C. The board of directors
D. Financial consultants

Question 38:

• JAMB 2009

The marketing of agricultural products in Nigeria can be improved by

A. A massive production of farm produce
B. Re-establishing the marketing boards
C. Establishing more agricultural banks
D. Processing of farm produce

Question 39:

• JAMB 2009

To enhance the competitiveness of domestic agricultural products, there is need to

A. Ban the importation of a agricultural products
B. Increase the exportation of agricultural products
C. Improve the quality of domestic agricultural products
D. Increase the output of domestic agricultural products

Question 40:

• JAMB 2009

In Nigeria, the location of a steel industry at Ajaokuta is due to

A. The availability of transport ntwork
B. The proximity to source of power
C. The proximity to large deposits of iron ore
D. Political consideration