Correct Answer: B) debit of profit and loss

Correct Answer: B. 40°

Explanation

Exterior angle \(=\frac{360}{n}\) where n = no of sides

\(=\frac{360}{9}=40^{\circ}\)

Correct Answer: D. increasing output of mineral oil

Correct Answer: C. Pilate

Correct Answer: D. 18 - 64yrs

Explanation

18 - 64yrs Age group belongs to active Labour force (working population or active population) in a country.

Explanation

i. Responsible and accountable to the British parliament.

ii. Advised the governors on the affairs of the colonies e.g. during crisis.

iii. Recommended people to the crown to be appointed as governors for the colonies.

iv. Supervised the colonial administration by giving directives to the Governors based on the British policies.

v. Received petitions and grievances from the colonies on behalf of the British parliament.

vi. Submitted annual reports to the British on the colonies to the crown through the parliament.

vii. Approved the drafting of a new constitution for the colonies.

viii. Controlled the finances of the colonies through approval of budgets and auditing of accounts.

x. Set up Commissions of enquiry to investigate issues in the colonies.

xi. He could disallow any law which was not consistent with British colonial policies.

xii. He could override the Governors veto and power of certification.

xiii. He approved major projects to be undertaken in the colonies.

Correct Answer: B. Mono- product economy

Explanation

Mono- product economy ( an economy that produces one product or commodity) is not a characteristics of developing country. The characteristics are: high level of illiteracy, dependence on agriculture, low savings and investment, low standard of living, population explosion, high death rate etc.

Correct Answer: A. sees no future in traditional African ways

Explanation

Reasons why government participates in business enterprises are:

(i) To provide essential services: The government prefers to handle the provision of essential services in order to reduce costs. The services are water, electric-ity, etc.

(ii)To prevent monopoly:Government participates in business to prevent the exploitation of the people.

(iii) Capital involvement:Some enterprises require huge capital which private individuals cannot provide.

(iv)To prevent foreign control of the economy:The management of some corporations must be handled by the government to avoid them falling into the hands of foreigners.

(v) Strategic reasons: Some corporations e.g. airport, seaports, etc are strategically important to the economy, hence private hands cannot be allowed

(vi) Revenue generation:Government participates in order to generate revenue from them.

(vii) Employment opportunities:Government embarks on business in order to create employment opportunities

(viii)To monitor the industry:Government may like to co-operate with private bodies in such ventures like insurance and banking to enable government monitor the activities of such business.

Correct Answer: C. Urea