Post Utme Rsu 2024 Economics Question 25

Practice objective / multiple choice question 25 from the 2024 Post Utme Rsu Economics examination.

Post Utme Rsu 2024 Economics Objective / Multiple Choice
Question 25 POST_UTME_RSU • 2024 • ECONOMICS • objective

The government of Nigeria has introduced a new agricultural policy aimed at increa\sing food production and reducing poverty. The policy involves providing subsidies to farmers and increa\sing public exp\enditure on agricultural research and development. If the initial public exp\enditure on agricultural research and development was ₦20 billion, and the initial subsidy provided to farmers was ₦10 billion, what is the new public exp\enditure on agricultural research and development after the policy?

Answer Options

A. ₦25 billion
B. ₦30 billion
Correct Answer C. ₦35 billion
D. ₦40 billion
Correct Answer
C
Correct Option:
₦35 billion

About This Question

This is Post Utme Rsu 2024 Economics Question 25. It is one of the objective questions from the 2024 Post Utme Rsu Economics examination.

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