Neco Model Questions Vol1 2018 Government Question 8

Practice objective / multiple choice question 8 from the 2018 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2018 Government Objective / Multiple Choice Medium Difficulty
Question 8 NECO_MODEL_QUESTIONS_VOL1 • 2018 • GOVERNMENT • objective

The federal budget for the year is ₦\(12\) trillion. The Constitution mandates that at least \(15\%\) of the total budget be allocated to education, but no more than \(20\%\) may be allocated to defence. In addition, a fiscal rule requires that the combined allocation to health and infrastructure be at least \(30\%\) of the total budget. Assuming the government wishes to allocate the maximum possible amount to defence while still meeting all constraints, how much money (in trillion naira) can be allocated to defence?

Answer Options

Correct Answer A. ₦2.4 trillion
B. ₦2.0 trillion
C. ₦2.5 trillion
D. ₦1.8 trillion
Correct Answer
A
Correct Option:
₦2.4 trillion

About This Question

This is Neco Model Questions Vol1 2018 Government Question 8. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Government examination.

Difficulty level: Medium .

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