Neco Model Questions Vol1 2025 Civic Education Question 25

Practice objective / multiple choice question 25 from the 2025 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2025 Civic Education Objective / Multiple Choice Hard Difficulty
Question 25 NECO_MODEL_QUESTIONS_VOL1 • 2025 • CIVIC_EDUCATION • objective

The federal budget is Naira \(2{,}000{,}000{,}000\). An anti‑corruption agency is to be established at a cost of 5\% of the budget. Previously, corruption caused losses equal to 12\% of the budget. The new agency is expected to reduce those losses by 15\% of the previous loss amount. Calculate the net financial effect of the agency (savings minus cost) and state whether the policy is financially justified.

Answer Options

A. No, net loss of Naira 80,000,000
Correct Answer B. No, net loss of Naira 64,000,000
C. Yes, net gain of Naira 48,000,000
D. No, net loss of Naira 56,000,000
Correct Answer
B
Correct Option:
No, net loss of Naira 64,000,000

About This Question

This is Neco Model Questions Vol1 2025 Civic Education Question 25. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Hard .

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