Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. NDA
  4. /
  5. Economics
  6. /
  7. 2017/2018
  8. /
  9. Q28
Question 28

A glut in the world market of crude oil means:

  • A.A fall in crude oil production
  • B.An excess supply of crude petroleum
  • C.A higher crude oil price offered by the buyer
  • D.A higher crude oil price demanded by the seller
Objective

Question details

Exam body
NDA
Subject
Economics
Year
2017/2018
Question no.
#28
Type
Objective
Previous · Q27In commercial banking, an account for which the customer cannot withdraw money… Next · Q29 Stock and Share, as well as Bonds, are examples of instrument used in the:

More from this paper

  • Q24The population of Afaka was 480,000 in December 1980, out of which 60% were…
  • Q25With a given level of money income, a consumer maximizes satisfaction from the…
  • Q26The type of cost which has to be covered for a firm to continue production in…
  • Q30In many developing countries, the infrastructural problem is acute due to the…
  • Q31Development plans have not been successful in some developing countries largely…
  • Q32The equilibrium wage rate in an economy is determined by the
See all Economics 2017/2018 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy