Deregulation, privatization, commercialization - Jamb Government Past Questions and Answers

Question 6:

• JAMB 1998

The privatization of public corporation is aimed at

A. Making their goods and services available
B. Making them reliable
C. Making them mre efficient
D. Allowing the public to control them

Question 7:

• JAMB 2003

The Bureau for Public Enterprises is charged with the responsibility for

A. Privatization and commercialization
B. Generating revenue
C. Eradicating poverty
D. Providing employment opportunities

Question 8:

• JAMB 2004

The difference between commercialized and privatized companies is that in the former

A. Public ownership is dominant
B. Government subsidizes costs
C. Profit motive is recessive
D. Private ownership is dominant

Question 9:

• JAMB 2006

A major merit of privatization is that it increases

A. Industrial harmony
B. Public fiscal resources
C. Activities on the stock exchange
D. Labour turnover

Question 10:

• JAMB 2007

The privatization of public corporations in Nigeria is undertaken by the

A. Bureau of Public Enterprise
B. Nigerian Stock Exchange
C. Federal Civil Service Commission
D. Federal Executive Council