Movement of raw materials to production centres
Transfer of goods and services from one market to another
Movement of goods and services by middlemen to urban centres
Transfer of goods and services from wholesalers to consumers
Transfer of goods and services from production centre to consumers
Correct answer is E
No explanation has been provided for this answer.
One major function of the Central Bank is to
Mint money
Hold demand deposit and honour cheques
Act as a medium of exchange
Create money
Control and regulate money supply
Correct answer is E
No explanation has been provided for this answer.
Which of the following is not done by the NNPC?
Production of crude oil
Refining of crude oil
Exploration for crude oil
Exploitation of crude oil
Pricing of crude oil
Correct answer is E
No explanation has been provided for this answer.
Which of the following best describes the budget? A
Plan of government's needs and expenditure for a year
Detailed estimate of government financial operation for a year
Satisfactory balance between income and expenditure for one year
Plan for importation of essential goods and services for one year
Plan for control of government industries and corporations for one year
Correct answer is B
No explanation has been provided for this answer.
The concentration of industries in one place is referred to as
Location of industries
Multiplication of industries
Pluralization of industries
Proliferation of industries
Localization of industries
Correct answer is E
No explanation has been provided for this answer.