Post Utme Nile University 2019 Government Question 9

Practice objective / multiple choice question 9 from the 2019 Post Utme Nile University Government examination.

Post Utme Nile University 2019 Government Objective / Multiple Choice
Question 9 POST_UTME_NILE_UNIVERSITY • 2019 • GOVERNMENT • objective

A country has a population of 10 million people, with an average annual income of ₦200,000. If the government decides to impose a 10% tax on income, what will be the total tax revenue collected?

Answer Options

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

About This Question

This is Post Utme Nile University 2019 Government Question 9. It is one of the objective questions from the 2019 Post Utme Nile University Government examination.

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