Neco 2019 Government Question 4
Practice objective / multiple choice question 4 from the 2019 Neco Government examination.
In the International Monetary Fund (IMF), a member's voting power equals its basic votes plus its quota votes (one vote per SDR of quota). The total basic votes are 2,500 and each member receives 5.5\\% of the basic votes. Nigeria's quota is 5,000 SDRs, and the total quota of all members is 500,000 SDRs. Compute Nigeria's percentage share of the total voting power in the IMF. Give your answer to two decimal places.
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About This Question
This is Neco 2019 Government Question 4. It is one of the objective questions from the 2019 Neco Government examination.
Difficulty level: Hard .
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