Public Corporations and Parastatals - Jamb Government Past Questions and Answers

Question 26:

• JAMB 2004

Government-owned companies operating in the economic sector are referred to as

A. Public investments
B. Public services
C. Public enterprise
D. Public utilities

Question 27:

• 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 28:

• 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 29:

• JAMB 2007

Public corporations are established mainly to

A. Offer free services
B. Make profit for government
C. Provide jobs for the unemployed
D. Provide services at subsidized rates

Question 30:

• 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