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Jamb Economics Past QuestionsJamb Past Questions and Answers on Public enterprises and their problemsQuestion 16:When public enterprises become commercialized, it means that? A. The product of the enterprises are further subsidized B. They are expected to operate with the primary aim of making profits C. The government has decided to divest itself of such enterprises D. The staff of the enterprises will be laid off Question 17:Statutory organisations usually established by Acts of Parliament are called A. Public corporations B. Cooperative societies C. Joint-stock companies D. Public enterprises Question 18:The Power Holding Company of Nigeria (PHCN) is a ____________ A. Public limited company B. Private authority C. Public Corporation D. Public Liability company |
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