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

Question 11:

• JAMB 2007

Deregulation as an economic policy borders on

A. The removal of subsidies on public utilities
B. The removal of restrictions and extension of competition
C. Privatization
D. Commercialization

Question 12:

• JAMB 2009

Privatization and commercialization programmes in Nigeria have

A. Increased public utilities
B. De-emphasized government ownership
C. Reduced government revenue
D. Encouraged corruption

Question 13:

• JAMB 2011

In Nigeria, privatization and commercialization policies were introduced to

A. Hand over the control of commercial ventures to citizens
B. Increase the asset base of government
C. Divest government major control of commercial ventures
D. Allow government control of the private sector

Question 14:

• JAMB 2012

The central objective of privatization in Nigeria is to

A. Reduce the retrenchment of workers
B. Encourage prompt payment of salaries
C. Improve standard of living
D. Improve the efficiency of enterprises

Question 15:

• JAMB 2014

One feature of public corporations that was weakened by privatization is

A. Social harmony
B. Governmental control
C. Social control
D. National immigration