UNIBEN POST UTME 2022 (GENERAL PAPER) 1 / 20 One of the main objective of OPEC is Assist multinational companies to monopolize market Protect the interest of multinational companies Stabilize the income of develop Fix And allocate production quotas to member nations 2 / 20 Nigeria's foreign relation with Britain was strained during the Buhari Regime because Britain tested atomic bomb in the Sahara desert Britain refused to recognize the regime Nigeria refused to export crude oil to Britain Nigeria wanted to forcefully extradite Alhaji Umar Dikko from Britain 3 / 20 The Babagida Regime differed from the Buhari Regime because Governors were assisted by commissioners Ministers executed government policies Governors were members of the National Council of States The post of chairman, joint chiefs of staff was created 4 / 20 A feature of the presidential system is that The president has an indefinite term of office There is a separate election for the executive and the legislature The president is a member of the legislature The cabinet is collectively accountable to the legislature 5 / 20 The chairman of the Federal Character Commission is appointed by the Secretary to the government of the Federation National Assembly Minister of labour and productivity President 6 / 20 In which of the following economics systems is the consumers referred to as 'The king"? Planned economy Mixed economy Traditional economy Free market economy 7 / 20 A normal demand curve Is concave to the point of origin Is convex to the point of origin Is parallel to x-axis Is parallel to y-axis 8 / 20 The price of a commodity is determined by The supplier The interaction of demand and supply The quantity of goods demanded The quantity of goods supplied 9 / 20 The international bank for reconstruction and development (IBRD) is important to the developing nations because it Gives loan to members for legal proceeding Offers grant and aids to defence Enhances financial relationship among countries Offers soft loans for educational and health services 10 / 20 In any economics system, which of the following is not an economic problem? What goods and services to produce For whom to produce goods and services How to ensure that the economy grows overtime What techniques of production to be adopted 11 / 20 Which of the following is the most liquid asset to a commercial bank? Money at call and short notice Treasury Bills Commercial Bills Cash 12 / 20 The drawers of a cheque is a. The person who is to paid the sum of money as written on the cheque The person who takes the cheque to the bank The bank on which the cheque is drawn The person who writes out the cheque 13 / 20 All the following are sources of finance to a joint stock company except Bank loan equity Debentures Cooperative thrift 14 / 20 Scarcity in economics means that resources. Are not enough to share among the producers of goods and services Needed to satisfy human wants are limited Are never enough to share among consumers of goods and services Required to meet our essential wants are unlimited 15 / 20 Demand in economics is synonymous with Needs Wants of consumers All goods demanded in the markets Wants supported with ability to pay 16 / 20 The first artificial satellite sputrik I was launched on October 4 1957 by Great Britain Germany USA Soviet Union 17 / 20 Which of the following pairs is not correct in the measurement of weather elements? Rainfall with rain gauge Humidity with hydrometer Pressure with anemometer Temperature with thermometer 18 / 20 When plateaux are enclosed by fold mountains they are known as Intermonth plateaux Lava plateaux Volcanic plateaux Dissected plateau 19 / 20 What is the likely occupation in an area occupied by scattered cultivation. fishing farming quarrying lumbering. 20 / 20 The following are pairs of rocks and what they metamorphose to. Which one is wrongly paired? Limestone marble Shale schist Granite quartzite Clay slate Your score is The average score is 0% 0% Restart quiz Post navigation UNIBEN POST UTME 2021 (GENERAL PAPER)