Post Utme Igbinedion University 2024 Economics Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Igbinedion University Economics examination.

Post Utme Igbinedion University 2024 Economics Objective / Multiple Choice
Question 38 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • ECONOMICS • objective

The government of Nigeria has introduced a new policy aimed at promoting industrialization in the country. The policy requires that 20% of the country's budget be allocated to industrial development. If the country's budget is ₦10 trillion, what is the amount allocated to industrial development?

Answer Options

Correct Answer A. ₦2 trillion
B. ₦2.5 trillion
C. ₦3 trillion
D. ₦3.5 trillion
Correct Answer
A
Correct Option:
₦2 trillion

About This Question

This is Post Utme Igbinedion University 2024 Economics Question 38. It is one of the objective questions from the 2024 Post Utme Igbinedion University Economics examination.

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