JAMB Economics questions

378 questions with answers and explanations. Tap an option to check yourself.

1. Question 1· Agriculture in Nigeria· JAMB

   Agriculture's share of Nigeria's exports fell sharply after the 1970s mainly because of

   • Ahigher rainfall
   • Bthe rise of crude oil exports
   • Cmore farmers
   • Dnew cash crops

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   Explanation and discussion

2. Question 2· Agriculture in Nigeria· JAMB

   A way to increase agricultural output in Nigeria is

   • Aproviding credit, improved seeds and extension services
   • Breducing rainfall
   • Cbanning fertilisers
   • Dstopping irrigation

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   Explanation and discussion

3. Question 3· Agriculture in Nigeria· JAMB

   Bank of Agriculture in Nigeria provides

   • Aseeds only
   • Binsurance only
   • Ccredit to farmers
   • Dland only

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   Explanation and discussion

4. Question 4· Agriculture in Nigeria· JAMB

   Agriculture contributes to industrial development by

   • Aimporting machinery
   • Bsupplying raw materials to industries
   • Creducing employment
   • Dincreasing imports of food

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   Explanation and discussion

5. Question 5· Agriculture in Nigeria· JAMB

   Which cash crop is grown mainly in the South-West of Nigeria?

   • Acocoa
   • Bgroundnut
   • Ccotton
   • Dsesame

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   Explanation and discussion

6. Question 6· Agriculture in Nigeria· JAMB

   Commodity marketing boards were set up in Nigeria mainly to

   • Astabilise the prices paid to farmers for export crops
   • Bimport food
   • Cfix the prices of manufactured goods
   • Dprovide loans to industries

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   Explanation and discussion

7. Question 7· Agriculture in Nigeria· JAMB

   Land tenure problems in Nigeria include

   • Afragmentation and insecurity of title
   • Btoo much land per farmer
   • Cexcess credit
   • Dmechanisation

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   Explanation and discussion

8. Question 8· Agriculture in Nigeria· JAMB

   A problem caused by Nigeria's traditional land tenure system is

   • Atoo much mechanisation
   • Bfragmentation of land into small holdings
   • Cexcess credit
   • Da surplus of farm labour

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9. Question 9· Agriculture in Nigeria· JAMB

   Mechanised farming mainly increases

   • Athe number of farm workers
   • Boutput per worker
   • Cthe size of the country
   • Dfood imports

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10. Question 10· Agriculture in Nigeria· JAMB

    Subsistence farming in Nigeria keeps output low mainly because of

    • Asmall holdings and simple tools
    • Btoo much mechanisation
    • Cexcess fertiliser
    • Dlarge estates

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    Explanation and discussion

11. Question 11· Agriculture in Nigeria· JAMB

    The 'Green Revolution' programme in Nigeria (1980) aimed to

    • Abuild roads
    • Bexpand oil exports
    • Cincrease food production
    • Dreduce the population

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    Explanation and discussion

12. Question 12· Agriculture in Nigeria· JAMB

    A major problem of agriculture in Nigeria is

    • Atoo much mechanisation
    • Bthe use of crude implements on small farms
    • Ca shortage of land
    • Dexcessive export demand

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    Explanation and discussion

13. Question 13· Agriculture in Nigeria· JAMB

    Storage facilities help farmers mainly by

    • Acutting yields
    • Braising rainfall
    • Cincreasing pests
    • Dreducing post-harvest losses and stabilising prices

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    Explanation and discussion

14. Question 14· Agriculture in Nigeria· JAMB

    Agricultural produce marketing boards in Nigeria were abolished in

    • A1999
    • B1960
    • C1986
    • D1975

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    Explanation and discussion

15. Question 15· Agriculture in Nigeria· JAMB

    Agricultural credit schemes in Nigeria are designed to

    • Afix crop prices
    • Btax farmers
    • Cimport food
    • Dprovide loans to farmers

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    Explanation and discussion

16. Question 16· Business organisations· JAMB

    A major disadvantage of a sole proprietorship is

    • Akeeping all profits
    • Bquick decision-making
    • Cunlimited liability
    • Dclose contact with customers

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17. Question 17· Business organisations· JAMB

    An advantage of a partnership over a sole proprietorship is

    • Amore capital and shared skills
    • Blimited liability for all partners
    • Cperpetual existence
    • Dno need for agreement

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18. Question 18· Business organisations· JAMB

    A partnership's main advantage over a sole proprietorship is

    • Amore capital and shared skills
    • Blimited liability for all
    • Cperpetual succession
    • Dno disagreements

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19. Question 19· Business organisations· JAMB

    Co-operative societies are run on the principle of

    • Aone member, one vote
    • Bone share, one vote
    • Cthe largest shareholder decides
    • Dgovernment control

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20. Question 20· Business organisations· JAMB

    A private limited company cannot

    • Aborrow money
    • Bhave shareholders
    • Cmake profit
    • Doffer its shares to the general public

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    Explanation and discussion