(a) Distinguish between cash ratio and special deposits.

(b) Explain how cash ratio and special deposits are used as instruments of monetary policy.

(c) Describe any two instruments of fiscal policy in West Africa.

David, Rufai and Okpoti need to be able to run 100m in under 12.5 seconds to qualify for a regional championship. Rufai and Okpoti run raster than David. David’s best time for the 100m is 13.2 seconds. Which of the following options is true?

• A. Only Rufai qualifies
• B. David does not qualify
• C. Rufai and Okpoti both qualify
• D. David qualifies

Citizenship can be acquired through

• A. renouncement
• B. repudiation
• C. birth
• D. reference

Given: Prime cost - N220,000, Factory cost - N32,000, Work in progress at beginning - N25,000, Work In progress at close - N19,000, Administrative expenses - N21,000. Determine the production cost

• A) N296,000
• B) N277,000
• C) N258,000
• D) N246,000

The most effective method of controlling viral diseases in crops is by

• A. spraying with bordeaux mixture
• B. removing and burning affected crops
• C. practicing crop rotation
• D. planting at recommended spacing

Read the extract below and answer the following questions

... Man is but an ass if he go about to

expound this dream. Methought I was - there

is no man can tell

what. Methought I was, and methought I had -

but man is

But a patched fool, if he will offer

To say what methought I

had. The eye of man hath not heard, the ear of

man hath not

seen, man's hand is not able to taste, his

tongue to conceive, nor

his heart to report, what my dream was

(Act IV, Scene One, Lines 201 - 207)

It is a state of

• A. deception
• B. ignorance
• C. illusion
• D. innocence

\(\begin{array}{c|c} \text{Class Interval} & Frequency & \text{Class boundaries} & Class Mid-point \\ \hline 1.5 - 1.9 & 2 & 1.45 - 1.95 & 1.7\\ 2.0 - 2.4 & 21 & 1.95 - 2.45 & 2.2\\ 2.5 - 2.9 & 4 & 2.45 - 2.95 & 2.7 \\ 3.0 - 2.9 & 15 & 2.95 - 3.45 & 3.2\\ 3.5 - 3.9 & 10 & 3.45 - 3.95 & 3.7\\ 4.0 - 4.4 & 5 & 3.95 - 4.45 & 4.2\\ 4.5 - 4.9 & 3 & 4.45 - 4.95 & 4.7\end{array}\)

Find the mode of the distribution above to find the mode of the distribution.

• A. 3.2
• B. 3.3
• C. 3.7
• D. 4.2

Solid friction, like viscosity is

• A. independent of the surface area in contact
• B. independent of the relative motion between layers
• C. dependent on normal reaction
• D. in opposition to motion

Which of the following types of electromagnetic waves is used in night vision goggles?

• A. Microwaves
• B. Ultraviolet waves
• C. Infrared waves
• D. Radio waves

A pulse is best described as

• A. contraction of arteries to let out blood.
• B. contraction of veins to allow blood into them
• C. dilation of arteries to accommodate blood rushing through.
• D. pumping action of the heart to move blood round the body.