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Sources Of Government Revenue - Economics Jamb Past Questions and Answers

Economics Questions And Answers On Sources Of Government Revenue
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Economics Jamb Past Questions


Questions and Answers on Sources of government revenue

Question 11 :



The greatest proportion of government revenue in Nigeria comes from?

A. Export of raw materials
B. Income taxes on individuals and business
C. Custom duties and excise duties
D. Loans and grants from industrially advanced countries


Question 12 :



The Nigerian economy is mono-cultural because government revenue is derived mainly from?

A. Agriculture
B. Manufacturing
C. Coal
D. Crude oil


Question 13 :



In Nigeria, revenue sharing from the federation Account is between the?

A. Executive, the judiciary and the legislature
B. Federal and state governments and the parastatals
C. Federal and state governments and the senate
D. Federal, state and local governments


Question 14 :



Which of the following yields more revenue to Nigeria?

A. Value added tax
B. Royalties
C. Indirect tax
D. Direct tax


Question 15 :



The types, sources and uses of government income are mainly concerned with?

A. Public expenditure
B. Public revenue
C. Public budget
D. Public finance






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