Development Planning In Nigeria Jamb Economics Past Questions
Question 1
Agricultural production in Nigeria is constrained by
- A. ineffective use of stabilization measures
- B. inadequate demand
- C. poor implementation of policies
- D. balance of payments deficits
Question 2
One of the major criticisms of the 1992-1968 National development Plan was that?
- A. it failed to incorporate lessons gained from earlier plans to enhance its efficiency
- B. it came too quickly after the country's indepedence
- C. planned expenditure was based too heavily on expected earnings from crude oil
- D. its execution was based largely on foreign sourced financial resources
Question 3
The problem of planning in Nigeria is mainly in the
- A. implementation of the plans
- B. appraisal of the plans
- C. allocation of scarce resources
- D. articulation of the plans
Question 4
The primary goal of development planning in Nigeria is to?
- A. increase profitability of enterprises
- B. achieve a rapid increase in the welfare and standard of living of Nigerians
- C. increase the level of gross domestic product
- D. make Nigeria a super-power
Question 5
Technical progress that leads to a reduction in costs results in?
- A. an increase in equilibrium price and quantity
- B. a decrease in equilibrium price and quantity
- C. an increase in equilibrium price and decrease in equilibrium quantity
- D. a decrease in equilibrium price and increase in equilibrium quantity
