Gce Model Questions Vol1 2020 Government Question 40

Practice objective / multiple choice question 40 from the 2020 Gce Model Questions Vol1 Government examination.

Gce Model Questions Vol1 2020 Government Objective / Multiple Choice Hard Difficulty
Question 40 GCE_MODEL_QUESTIONS_VOL1 • 2020 • GOVERNMENT • objective

A local government's revenue composition is 40\% federal allocation, 35\% internally generated revenue (IGR) and 25\% grants. A new policy reduces the federal allocation by 5\% of total revenue and increases IGR by 3\% of total revenue. After the changes, does the local government obtain at least 50\% of its revenue from its own sources (IGR + grants)? State "Yes" or "No" and give the resulting own‑source percentage to two decimal places.

Answer Options

A. Yes, 66.67%
Correct Answer B. Yes, 64.29%
C. No, 49.00%
D. Yes, 63.00%
Correct Answer
B
Correct Option:
Yes, 64.29%

About This Question

This is Gce Model Questions Vol1 2020 Government Question 40. It is one of the objective questions from the 2020 Gce Model Questions Vol1 Government examination.

Difficulty level: Hard .

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