WAEC Past Questions and Answers - Page 3378

16,886.

The diagram below is an illustration of the longitudinal section of a mammalian organ. Study it and answer this question.

What is the main function of the organ?

A.

Excretion

B.

Respiration

C.

Reproduction

D.

Locomotion

Correct answer is A

No explanation has been provided for this answer.

16,887.

Which of the following is an example of direct tax?

A.

Import duties

B.

Income tax

C.

Export duties

D.

Purchase tax

Correct answer is B

No explanation has been provided for this answer.

16,888.

If tax takes a large proportion of the income of people with lower income, the tax is

A.

Progressive

B.

Proportional

C.

Regressive

D.

Investment

Correct answer is C

No explanation has been provided for this answer.

16,889.

Which of the following institutions assists the government in managing the national debt?

A.

Commercial banks

B.

The Central banks

C.

The Capital market

D.

The World bank

Correct answer is B

No explanation has been provided for this answer.

16,890.

A foreign exchange market deals in

A.

Treasury bills

B.

Currencies

C.

Government bonds

D.

Commodities

Correct answer is B

No explanation has been provided for this answer.