World Bank - Jamb Economics Past Questions and Answers

Question 1:

• JAMB 2019

A demand which gives rise to the reverse of the law of demand is__________

A. Derived demand
B. Joint demand
C. Abnormal demand
D. Composite demand

Question 2:

• JAMB 2001

The loans from the World Bank to developing countries are mainly to support?

A. The establishment of more universities
B. Capital-intensive technology
C. Infrastructural investments
D. Their low level of consumption

Question 3:

• JAMB 2005

The loans from the World Bank to developing countries are mainly to support

A. Capital-intensive technology
B. The establishment of universities
C. Their infrastructure investment
D. Their level of consumption

Question 4:

• JAMB 2009

An important function of the World Bank is to

A. Provide short-run loans to members
B. Encourage trade between members
C. Promote capital-intensive production
D. Provide long-time loans to members