Neco Model Questions Vol1 2025 Civic Education Question 36

Practice objective / multiple choice question 36 from the 2025 Neco Model Questions Vol1 Civic Education examination.

Neco Model Questions Vol1 2025 Civic Education Objective / Multiple Choice Medium Difficulty
Question 36 NECO_MODEL_QUESTIONS_VOL1 • 2025 • CIVIC_EDUCATION • objective

In the allocation of the national education budget, the federal government contributes a fixed amount of \(\₦1,200,000\) plus \(5\%\) of the total budget. The state governments together allocate \(12\%\) of the total budget. The remaining amount is funded by local governments, which is exactly twice the amount allocated by the state governments. What is the total education budget (in \(\₦\))?

Answer Options

A. 2050000.00
B. 2033000.00
C. 1950000.00
Correct Answer D. 2033898.31
Correct Answer
D
Correct Option:
2033898.31

About This Question

This is Neco Model Questions Vol1 2025 Civic Education Question 36. It is one of the objective questions from the 2025 Neco Model Questions Vol1 Civic Education examination.

Difficulty level: Medium .

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