NECO Past Questions and Answers - Page 171

852.

A deliberate government policy to exclude foreign participation in certain economic activity is known as

A.

Commercialization

B.

Indigenization

C.

Liberalization

D.

Localization

E.

Privatization

Correct answer is B

No explanation has been provided for this answer.

853.

The instrument used to view stars is the

A.

Prism binoculars

B.

Telescope

C.

Film projector

D.

Microscope

Correct answer is B

No explanation has been provided for this answer.

854.

Which of the following statements is correct about a machine?

A.

Efficiency of a machine is always greater than I

B.

Efficiency decreases with an increase in friction

C.

Velocity ratio depends on friction

D.

Mechanical advantage increases with an increase in friction

Correct answer is B

No explanation has been provided for this answer.

855.

The following methods are used in calculation of National Income EXCEPT

A.

Depreciation

B.

Expenditure

C.

Income

D.

Output

E.

Value added

Correct answer is A

No explanation has been provided for this answer.