Correct Answer: C. communism

Correct Answer: A. synechdoche

Explanation

Synecdoche is a figure of speech in which a part of something is used to represent the whole or the whole is used to represent a part.

Correct Answer: C. Casablanca, Brazzaville, Monrovia

Correct Answer: (a) 577.5km

Correct Answer: D. -8

Explanation

y = x² + 2x + k at point(2,0) x = 2, y = 0

0 = (2)² + 2(20 + k)

0 = 4 + 4 + k

0 = 8 + k

k = -8

Correct Answer: B. bravery

Correct Answer: A. querulous

Explanation

a. Functions of the Stock Exchange:

(i) The stock exchange makes it easy for securities to be converted into cash.

(ii) The exchange makes it possible for the transfer of securities from their original owners who may wish to sell them to others.

(iii) An investor always knows the price of his shares or holdings whether they are for sale or not as their prices are always quoted on daily basis by the Stock Exchange.

(iv) The Stock Exchange helps firms/ companies to raise capital through the sale of stocks/shares.

(v) The Stock Exchange creates confidence in the investing public by drawing up rules and guidelines which ensure fair play in share dealings.

(vi) The Exchange brings buyers and sellers of securities together.

(vii) It approves the quotation or listing of new shares thereby making them known to the public.

(b) Ways the Central Bank regulates the activities of Commercial Banks:

(i)Special deposits: Commercial banks are required to have special deposits with the Central Bank. This can be increased or decreased to influence commercial bank activities.

(ii)Bank rates:The Central Bank determines the rate at which the commercial bank should lend by fixing the minimum discount rate.

(iii)Special directives: Central Bank gives special directives to commercial banks regarding areas in the economy for which loans and advances should be given.

(iv)Moral suasion: The Central Bank sometimes engages the commercial bank in a dialogue in order to agree on how banking activities are to be carried out

(v)Cash Ratio: This is the relationship between the total deposit and cash held against it. It can be increased by the Central Bank as a control to commercial banks' activities.

(vi)Supervision: The Central Bank controls the activities of commercial banks by engaging in close supervision in ensuring that their operations are in conformity with set standards.

(vii)Open market operations:This is the strategy used by Central Bank to reduce or increase the ability of other banks to lend money to its customers by buying or selling bonds and stocks to the public as the case may be.

Correct Answer: C. 230°

Explanation

(a) Reasons for the adoption of the indirect rule system are:

(i) Shortage of British personnel that could manage a direct system of administration.

(ii) Inadequate fund to cater for a large number of staff for direct administration.

(iii) The success that the Indirect Rule system had recorded in other countries where it was operated e.g. India, East Africa.

(iv) The British unwillingness to spend on the administration of the colonies.

(v) The cheapness of the Indirect Rule called for its adoption.

(vi) Favourable local condition also aided its adoption e.g. Emirate System in Northern Nigeria.

(vii) Language barrier posed limitation to direct administration.

(viii) Vastness of the area involved e.g. North-ern protectorate of Nigeria.

(ix) Poor transport and communication system.

(x) Lack of geographical and cultural knowledge of the areas involved.

(b) Advantages of indirect rule systems are:

(i) System of Indirect Rule recognized and preserved the existing traditions and cultures of the people in some areas.

(ii) It brought colonial rule closer to the subjects through their traditional rulers.

(iii) It contributed in training traditional rulers in the art of modern local government administration.

(iv) The system recognized and modernized local institutions like traditional Courts, law and Customs.

(v) It stimulated the spirit of nationalism in the British Colonies.

(vi) Indirect rules system led to the political awareness of the people.

(vii) It introduced/improved tax collection for the running of government.

(viii) It ensured the maintenance of law and order.