Question 1The most important factor that delayed the development of commerce in Nigeria was A. the inefficient means of communication B. the unavailability of infrastructural facilities C. that there were few entrepreneurs D. that there were few developed markets Objective Show full explanation
Question 2Which of the following countries are members of the lake Chad Basin commissions? A. Niger and Cameroon B. Benin and Nigeria C. Chad and Benin D. Nigeria and Mali Objective Show full explanation
Question 3Non-insurable risk include A. gambling B. damage to property C. deathD. marine problems Objective Show full explanation
Question 4An action taken by a company outside its object clause is regarded as A. ultra vires B. trespass C. berrimme fides D. caveat emptor Objective Show full explanation
Question 5The acronym PLC is used to identify A. company limited by shares B. private company limited by share C. company limited by guarantee D. public company limited by share Objective Show full explanation
Question 6The privatization exercise in Nigeria is a move towards a A.mixed economy B.command economy C.market economyD.subsistence economy Objective Show full explanation
Question 7Production takes place when A.input is transformed into output B.output is transformed into input C.machines replace human effort D.there is specialization and division of labour Objective Show full explanation
Question 8The World Trade Organization is responsible for A.modernizing world economy B.minimizing obstacles to international trade and investment C.stabilizing and harmonizing oil prices D.ensuring equal participation of countries in trade Objective Show full explanation
Question 9During the era of barter, money was generally in the form of A.precious metals B.commodities C.coins D.notes Objective Show full explanation
Question 10The median of an odd-number set of scores is the A.middle value in the set B.most frequently occurring score C.arithmetic mean of the set D.highest value in the set Objective Show full explanation
Question 11Labor productivity is defined as A.Output per man-hourB.average outputC.The minimum number of hours workedD.Total level of outputObjective Show full explanation
Question 12Efficiency of labor is enhanced by A.involvement in own family affairsB.War against indisciplineC.Mechanization processesD.Improved working condition and training.Objective Show full explanation
Question 13Devaluation helps in checking adverse balance of payments if the A.Demand for imports is elasticB.Demand for imports is inelasticC.Supply of exports is elasticD.Demand for exports is inelasticObjective Show full explanation
Question 14Gains from trade depends on A.Comparative advantageB.Absolute advantageC.Distribution cost advantageD.Absolute cost advantage.Objective Show full explanation
Question 15Favorable terms of trade is important to a country because it facilitates A.Economic prosperity for importers and exportersB.Export of hard currency by the governmentC.Economic prosperity for the countryD.Absolute cost advantage.Objective Show full explanation
Question 16If the maximum value of y= 1 + hx - 3x2 is 13. Find h.A.13B.12C.11D.10Objective Show full explanation
Question 17How many two-digit numbers can be formed from the digits 0, 1, 2, 3 . If a digit can be repeated and no number may begin with 0?A.4B.12C.16D.20Objective Show full explanation
Question 18The sum of four numbers is 12145 . What is the average expressed in base five?A.114B.141C.401D.411Objective Show full explanation
Question 19Given: U= {Even numbers between 0 and 30} P={Multiples of 6 between 0 and 30} Q={Multiples of 4 between 0 and 30} Find (PꓴQ)'A.{2,10,14,22,26}B.{0,10,14,22,26}C.{2,4,14,18,26}D.{0,2,6,22,26}Objective Show full explanation
Question 20x varies directly as the product of u and v and inversely as their sum. If x =3 when u =3 and v= 1, what is the value of x if u = 3 and v = 3?A.3B.4C.6D.9Objective Show full explanation
Question 21Find the range of the values of x satisfying the inequalities 5+x ≤ 8 and 13 + x ≥ 7A.-3 ≤ x ≤ 3B.3 ≤ x ≤ 6C.-6 ≤ x ≤ 3D.-6 ≤ x ≤ -3Objective Show full explanation
Question 22Which values of the variable x (a) x = 0 (b) = 3 (c) x =9, satisfy the inequalities (x + 3)/(0 < x - 1 ≤ 2)?A.(a) (b) (c)B.(b) (c) onlyC.c onlyD.none of (a), (b), (c)E.none of the choices above Objective Show full explanation
Question 25Express 0.0000407, correct to 2 significant figures.A.0.0B.0.00004C.0.000041D.0.0000407Objective Show full explanation
Question 26Evaluate: $${(64^{\frac12} + 125^{\frac13})^2}$$A.121B.144C.169D.196Objective Show full explanation
Question 27To which of these groups did Nigeria belong before the formation of the OAU?A.the Brazzaville groupB.the Monrovia groupC.the Cassablanca groupD.the West African groupObjective Show full explanation
Question 28The 1953 motion that Nigeria should become independent in 1956 was moved byA.Chief Anthony Enahoro B.Sir Ahmadu BelloC.Dr. Nnamdi AzikiweD.Chief Obafemi AwolowoObjective Show full explanation
Question 29The legislative body of the United States of America is theA.ParliamentB.CongressC.National AssemblyD.CouncilObjective Show full explanation
Question 30The upper house in most federal systems is created toA.ensure equality of federating unitsB.oversee and check the lower houseC.prevent excesses of the executiveD.enable experienced elders make inputs to governmentsObjective Show full explanation
Question 31One of the general tenets of fascist doctrine is that the leader isA.supreme relative to the constitutionB.subordinate to the laws of the stateC.weak relative to the constitutionD.subordinate to the laws of the societyObjective Show full explanation
Question 32In Sokoto caliphate, the system of government wasA.democraticB.authoritarianC.populistD.totalitarianE.liberationObjective Show full explanation
Question 33Traditional rulers were restricted to ceremonial roles by the Local Government reforms ofA.1966B.1976C.1984D.1987E.1970Objective Show full explanation
Question 34An ideology that advocates government control of all sources of power isA.TotalitarianismB.FeudalismC.LiberationD.DemocracyE.PopulistObjective Show full explanation
Question 35Law making under military regimes is done throughA.delegated legislatureB.administrative enactmentsC.the promulgation of decreesD.the ministry of justiceE.uplifting the constitutionObjective Show full explanation