Jamb Economics 2016 Past Questions and Answers

Question 46:

• JAMB 2016

The major characteristics of an undeveloped nation is

A. Over-dependence on foreign products
B. Dominance of the industrial sector
C. High per capita income
D. Efficient and sensitive financial sector

Question 47:

• JAMB 2016

Which of the following is NOT among the financial institutions in Nigeria?

A. Federal Mortgage Bank
B. Microfinance Banks
C. Insurance Banks
D. Federal Ministry of Finance

Question 48:

• JAMB 2016

Given 0.25, 1.25, 1.80, 1.110, 10.20, 10.15 and 1.55.
Determine the range?

A. 0.25
B. 10.00
C. 1.55
D. 9.95