Post Utme Bells University 2018 General Studies Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Bells University General Studies examination.

Post Utme Bells University 2018 General Studies Objective / Multiple Choice
Question 30 POST_UTME_BELLS_UNIVERSITY • 2018 • GENERAL STUDIES • objective

The OPEC (Organization of the Petroleum Exporting Countries) is a cartel of oil-producing countries. Its primary goal is to stabilize the global oil market and ensure a fair price for oil. Which of the following is a potential benefit of OPEC's activities?

Answer Options

A. Increased oil production to meet global demand
B. Improved air quality due to reduced oil consumption
Correct Answer C. Stabilized oil prices to benefit consumers
D. Increased dependence on foreign oil
Correct Answer
C
Correct Option:
Stabilized oil prices to benefit consumers

About This Question

This is Post Utme Bells University 2018 General Studies Question 30. It is one of the objective questions from the 2018 Post Utme Bells University General Studies examination.

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