JAMB Government 2015 Objective — Question 4

Question 4 of 50 from the Joint Admissions and Matriculation Board (JAMB) Government 2015 Objective paper, with the correct answer and a full explanation.

Regional governments in Nigeria established banks to

A. assist in funding party activities
B. mobilize development fundsCorrect
C. counter the excess of foreign banks
D. serve the need of local areas

Explanation

Regional governments established banks (e.g. regional development banks) to mobilize funds for development projects.

Sign up free to unlock

Score tracking
Practice history
Saved questions
Progress dashboard
Personalized sessions
Weak-topic breakdown

…and/or go further with premium services and No Ads.

Create free account

More questions from Government 2015 Objective More Government past papers