Past Questions And Answers
Which of the following is an asset of a commercial bank?
- A. Reserve funds
- B. Shareholders capital
- C. Customers' deposits
- D. Treasury bills
''' But you, son of man, hear what I say to you; be not rebellious like that rebellious house; open your mouth, and eat what I give you.''
In the statement above, what was Prophet Ezekiel given to eat?
- A. written scroll
- B. Honey
- C. Fish
- D. A loaf of bread
Use the table to answer the following questions:
| Quantity of yams(kg) | Total Revenue (TR) | Marginal Revenue (MR) | Total Cost (TC) | Marginal Cost (MC) |
| N | N | N | N | |
| 0 | 0 | - | 5 | - |
| 1 | 9 | 9 | 8 | 3 |
| 2 | 18 | 9 | 6 | T |
| 3 | 24 | 6 | 21 | 5 |
| 4 | 28 | Q | 25 | 4 |
| 5 | 30 | 2 | 25 | U |
| 6 | P | 1 | 25 | 0 |
| 7 | 28 | -3 | S | 1 |
| 8 | 24 | R | 24 | -2 |
(a) Complete the table by calculating the missing figures P,Q,R,S,T,U.
(b)At what out-put is profit maximized?
(c) Calculate the profit when quantity sold is 5.
(d) At what output does MC begin to rise?
View Discussion (0)WAEC 1997 THEORYThe federal government approved N140m to local governments W, X, Y and Z. The amount is to be shared on the basis of 40% equality, 35% population and 25% internal revenue generation. Calculate the share of local government W on equality?
- A. N35m
- B. N14m
- C. N56m
- D. N28m
''Mathematics is my Achilles' heel'' is an example of
- A. litotes
- B. metonymy
- C. allusion
- D. analogy
A tall plants crossed with a dwarf one produces offspring of which half are tall and half are dwarf. What are the genotypes of the parents?
- A. TT, TT
- B. Tt, tt
- C. TT, tt
- D. Tt, Tt
Common management particles in pastures include the following except
- A. rotational grazing
- B. weed and pest control
- C. fertilizer application
- D. overstocking
WILLIAM SHAKESPEARE: Twelfth Night
Read the extract below and answer the question
So please my lord, I might not be admitted; But from her handmaid to return this answer:
The element itself, till seven years heat,
Shall not behold her face at ample view......
(Act 1 Scene 1)
The message is in connection with
- A. warfare
- B. love
- C. revenge
- D. shipwreck
The element of the marketing mix are
- A. product promotion, place and price
- B. personal selling, advertising and research
- C. promotion, production, place and price
- D. procurement, price, product and place
An account from which allocations are made to the three tier of government in Nigeria is called the?
- A. National Income Account
- B. Public Sector
- C. Federation account
- D. National Revenue Mobilization Account

