JAMB Economics Past Questions (2009)

Q1. An important function of the world bank is to

A. provide short–term loans to members

B. encourage trade between members

C. promote capital–intensive productions

D. provide long–term loans to members

Answer: D

Q2. The reform in the banking sector in Nigeria is principally motivated by the need to

A. increase the capital base of banks

B. provide more money to run the economy

C. minimize the rate of bank failures

D. enhance efficiency in bank operations

Answer: A