Neco Model Questions Vol1 2022 Government Question 40

Practice objective / multiple choice question 40 from the 2022 Neco Model Questions Vol1 Government examination.

Neco Model Questions Vol1 2022 Government Objective / Multiple Choice Hard Difficulty
Question 40 NECO_MODEL_QUESTIONS_VOL1 • 2022 • GOVERNMENT • objective

The federal government has an annual budget of ₦500 million. Revenue comes from taxes (60 %), loans (25 %) and grants (15 %). The budget must be allocated to three ministries—Health, Education and Infrastructure—subject to the following conditions:\n1. Health must receive at least 30 % but not more than 40 % of the total budget.\n2. Education must receive exactly twice the amount allocated to Health.\n3. Infrastructure receives the remaining funds.\nIf the allocation gives Health the minimum amount allowed by the conditions, determine the exact amount (in millions of naira) allocated to each ministry.

Answer Options

A. Health: ₦150 million; Education: ₦250 million; Infrastructure: ₦100 million
B. Health: ₦150 million; Education: ₦300 million; Infrastructure: ₦60 million
Correct Answer C. Health: ₦150 million; Education: ₦300 million; Infrastructure: ₦50 million
D. Health: ₦160 million; Education: ₦320 million; Infrastructure: ₦20 million
Correct Answer
C
Correct Option:
Health: ₦150 million; Education: ₦300 million; Infrastructure: ₦50 million

About This Question

This is Neco Model Questions Vol1 2022 Government Question 40. It is one of the objective questions from the 2022 Neco Model Questions Vol1 Government examination.

Difficulty level: Hard .

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