POST UTME RHEMA UNIVERSITY 2023 General Studies | Objective

Practice these randomly selected questions to test your readiness.

Question 1
A company in Nigeria is considering investing in a new project. The project has a 10-year lifespan and is expected to generate a profit of ₦100 million per year. If the company's cost of capital is 12%, what is the present value of the project?
A. ₦1.2 billion
B. ₦1.5 billion
C. ₦1.8 billion
D. ₦2.0 billion
Question 2
A firm's cost function is given by the equation C = 2L + 3K. If the firm's labor input is 4 units and the capital input is 6 units, what is the total cost?
A. 20
B. 30
C. 40
D. 50
Question 3
The 1966 Nigerian coup d'etat was led by a group of military officers who were dissatisfied with the government's handling of the Biafran War. Which of the following individuals was NOT one of the leaders of the coup?
A. Major Chukwuma Nzeogwu
B. General Johnson Aguiyi-Ironsi
C. Colonel Adekunle Fajuyi
D. General Yakubu Gowon
Question 4
The 'Federal Character Principle' is enshrined in which of the following sections of the 1999 Constitution?
A. Section 14
B. Section 15
C. Section 16
D. Section 17
Question 5
A firm's production function is given by the equation Q = 2L^0.5 + 3K^0.5. If the firm's output is 10 units and the labor input is 4 units, what is the value of the capital input?
A. 2 units
B. 4 units
C. 6 units
D. 8 units
Question 6
A researcher is studying the effects of poverty on education in Nigeria. Which of the following is a likely consequence of poverty on education?
A. Improved educational outcomes
B. Reduced educational outcomes
C. Increased access to education
D. Decreased access to education
Question 7
A company is considering investing in a new project in Nigeria. Which of the following factors should the company consider when making its decision?
A. The company's profit margins
B. The project's potential impact on the environment
C. The project's potential impact on local communities
D. The company's market share
Question 8
The 1963 Republican Convention in Lagos was a significant event in Nigeria's political history. Which of the following statements about the convention is NOT TRUE?
A. The convention was attended by all the major political parties in Nigeria.
B. The convention was held at the Tafawa Balewa Square in Lagos.
C. The convention was a major turning point in Nigeria's transition to democracy.
D. The convention was not a major event in Nigeria's political history.
Question 9
A firm's revenue function is given by the equation R = 2Q^2 + 3Q. If the firm's output is 10 units, what is the revenue?
A. 50
B. 60
C. 70
D. 80
Question 10
The 'Kainji Dam' is located on the 'River Niger' in which of the following states?
A. Niger State
B. Kogi State
C. Kwara State
D. Benue State
Question 11
A researcher wants to estimate the average income of a population of adults in Nigeria. If the population mean is ₦500,000 and the standard deviation is ₦50,000, what is the probability that a randomly selected adult will have an income between ₦450,000 and ₦550,000?
A. 0.25
B. 0.5
C. 0.75
D. 0.9
Question 12
The 'National Assembly' of Nigeria is composed of which of the following two chambers?
A. House of Representatives and Senate
B. House of Lords and House of Commons
C. House of Assembly and House of Senate
D. House of Representatives and House of Assembly
Question 13
A researcher wants to estimate the average income of a population of adults in Nigeria. If the population mean is ₦500,000 and the standard deviation is ₦50,000, what is the probability that a randomly selected adult will have an income between ₦450,000 and ₦550,000?
A. 0.25
B. 0.5
C. 0.75
D. 0.9
Question 14
The diagram below shows the structure of a typical Nigerian family.
A. The family consists of a husband, wife, and children.
B. The family consists of a husband, wife, and extended family members.
C. The family consists of a husband, wife, and no children.
D. The family consists of a husband, wife, and grandchildren.
Question 15
A researcher wants to estimate the average height of a population of adults in Nigeria. If the population mean is 170 cm and the standard deviation is 10 cm, what is the probability that a randomly selected adult will have a height between 160 cm and 180 cm?
A. 0.25
B. 0.5
C. 0.75
D. 0.9

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Help others prepare! Share this practice hub: