Post Utme Economics Past Questions and Answers

Question 296:

The market structure, business conditions and financial systems in Nigeria constitute the ____________

A. Political environment
B. Economic environment
C. Technological environment
D. Cultural environment

Question 297:

A major benefit derivable from the privatization and commercialization of public enterprises in Nigeria is ____________

A. Revenue generation
B. Information technology
C. Employment generation
D. Increase in wages

Question 298:

The most important function of commerce is ____________

A. Assisting trade through banking and insurance business
B. Enhancing relationships
C. Helping people to improve their profits
D. Facilitating exchanges among individuals

Question 299:

Communication enhances business activities by ____________

A. Ensuring the movement of goods from producer to consumer
B. Keeping the good safe until they are needed
C. Facilitating interaction between producers and consumer
D. Facilitating interaction among media houses

Question 300:

One important requirement for the membership of the ECOWAS is ____________

A. Population
B. Integrity
C. Independence
D. Landmass