OPEC - Jamb Government Past Questions and Answers

Question 1:

• JAMB 1994

The major strategy used by OPEC to influence oil price is by

A. Determining the quality of oil to be produced at any given period
B. Influencing buyers at the international market to buy at high prices
C. Allowing member countries to produce at their discretion
D. Increasing the supply of the commodity

Question 2:

• JAMB 1999

The major strategy used by OPEC to influence oil price is by

A. Allocating production quotas to members
B. Influencing buyers at the international market to buy at high prices
C. Allowing member countries to produce at their discretion
D. Increasing the supply of the commodity

Question 3:

• JAMB 2000

One of the principal objectives of the OPEC is to

A. Harmonize the oil policies of member countries
B. Discipline erring oil - producing countries
C. Determine oil prices in the international market
D. Assist non -oil producing developing states

Question 4:

• JAMB 2002

Which of the following is a founding member of OPEC?

A. Nigeria
B. Indonesia
C. Venezuela
D. Algeria

Question 5:

• JAMB 2002

Who among the following served as Secretary General of OPEC?

A. Jibril Aminu
B. Aret Adams
C. Dan Etete
D. Rilwanu Lukman