Neco Model Questions Vol1 2020 Government Question 44

Practice objective / multiple choice question 44 from the 2020 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2020 Government Objective / Multiple Choice Hard Difficulty
Question 44 NECO_MODEL_QUESTIONS_VOL1 • 2020 • GOVERNMENT • objective

A local government council has an annual budget of ₦150 000 000. Its revenue comes from property rates (40 % of total revenue), market fees (35 %) and a federal allocation (the remainder). The council must allocate at least 30 % of the total budget to infrastructure, at most 25 % to administration, and the remainder to social services. In addition, the amount allocated to infrastructure must be at least twice the amount received from market fees. Determine the exact amount (in naira) allocated to infrastructure, administration and social services.

Answer Options

Correct Answer A. Infrastructure = ₦105 000 000; Administration = ₦37 500 000; Social services = ₦7 500 000
B. Infrastructure = ₦105 000 000; Administration = ₦35 000 000; Social services = ₦10 000 000
C. Infrastructure = ₦100 000 000; Administration = ₦40 000 000; Social services = ₦10 000 000
D. Infrastructure = ₦112 500 000; Administration = ₦30 000 000; Social services = ₦7 500 000
Correct Answer
A
Correct Option:
Infrastructure = ₦105 000 000; Administration = ₦37 500 000; Social services = ₦7 500 000

About This Question

This is Neco Model Questions Vol1 2020 Government Question 44. It is one of the objective questions from the 2020 Neco Model Questions Vol1 Government examination.

Difficulty level: Hard .

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