Gce Model Questions Vol1 2020 Civic Education Question 1

Practice objective / multiple choice question 1 from the 2020 Gce Model Questions Vol1 Civic Education examination.

Gce Model Questions Vol1 2020 Civic Education Objective / Multiple Choice Medium Difficulty
Question 1 GCE_MODEL_QUESTIONS_VOL1 • 2020 • CIVIC_EDUCATION • objective

A citizen is required each year to (i) pay income tax of \(15\%\) of taxable income, (ii) vote in the national election, and (iii) serve on a jury if summoned. The law imposes penalties: failure to pay tax incurs a fine equal to \(10\%\) of the unpaid tax; failure to vote incurs a fine of ₦5,000; failure to serve on jury incurs a fine of ₦10,000. This year the citizen earned a taxable income of ₦2,000,000, did not pay the tax, missed the election, and failed to appear for jury service. What total monetary penalty must the citizen pay?

Answer Options

A. 40000
Correct Answer B. 45000
C. 55000
D. 50000
Correct Answer
B
Correct Option:
45000

About This Question

This is Gce Model Questions Vol1 2020 Civic Education Question 1. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Civic Education examination.

Difficulty level: Medium .

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