Free account: track your progress — Sign up free

NECO Government 2025 Objective — Question 15

Question 15 of 60 from the National Examinations Council (NECO) Government 2025 Objective paper, with the correct answer and a full explanation.

Advertisement

The major source of financing public corporations is through

  • A. custom duties
  • B. excise duties
  • C. fines

Explanation

Taxes, levied by government authority, are the main source of funding for public corporations and statutory agencies.

Advertisement

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.