Waec Model Questions Vol1 2019 Government Question 1

Practice objective / multiple choice question 1 from the 2019 Waec Model Questions Vol1 Government examination.

Waec Model Questions Vol1 2019 Government Objective / Multiple Choice Hard Difficulty
Question 1 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • GOVERNMENT • objective

The council of a local government area receives three sources of revenue in a financial year: a federal allocation of ₦12,000,000, a state allocation of ₦8,000,000 and internally generated revenue (IGR) of ₦5,000,000. By policy, 20 % of the federal allocation, 15 % of the state allocation and 10 % of the IGR are earmarked for capital projects. The minimum amount that must be spent on capital projects is 30 % of the total revenue. If the initial capital allocation is below this minimum, the shortfall is covered by proportionally reducing the maintenance allocations, which are 30 % of the federal allocation, 25 % of the state allocation and 20 % of the IGR. What is the amount allocated to maintenance from the federal allocation after the required re‑allocation?

Answer Options

A. ₦1,600,000
B. ₦1,750,000
C. ₦1,800,000
Correct Answer D. ₦1,745,455
Correct Answer
D
Correct Option:
₦1,745,455

About This Question

This is Waec Model Questions Vol1 2019 Government Question 1. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Government examination.

Difficulty level: Hard .

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