Jamb Economics Past Questions and Answers

Question 2021:

• JAMB 2011

Agricultural production in Nigeria is constrained by

A. Ineffective use of stabilization measures
B. Inadequate demand
C. Poor implementation of policies
D. Balance of payments deficits

Question 2022:

• JAMB 2011

The main function of NNPC is to

A. Oversee the development of the oil sector
B. Develop the oil producing area
C. Fix the price of products
D. Ensure regular supply of products

Question 2023:

• JAMB 2011

Investing heavily in the agricultural sector will lead to

A. Sufficient food production
B. A vibrant commodity market
C. Capital inflow
D. Stable export prices

Question 2024:

• JAMB 2011

Industrial development in Nigeria can be encouraged through

A. Signing WTO treaty
B. Granting subsidies
C. The provision of efficient infrastructure
D. Direct government participation

Question 2025:

• JAMB 2011

The record of a country's transactions in international trade is her

A. Capital account
B. Balance of payments
C. Current account
D. Balance of trade