BFN411 Tma Solutions
1. ….are classification of budget except..
deficit
balanced
—>> capital
surplus
2. One of these is not considered a tier of government in Nigeria
—>> street
state
local
federal
3. The structure of revenue allocation for the three tiers of government gives to federal government
0.1
0.21
0.33
—>> 0.46
4. Measures put in place to control peoples’ money or fund is referred to as
principles of finance
management
public management
—>> public financial management
5. Government through …..try to control the money supply to stabilize the quantity of money in supply
debt policy
welfare policy
—>> rmonetary policy
recruitment policy
6. Management of the economy is performed through system of formulation and implementation of …in the country
capital policy
—>> fiscal policy
development policy
planning policy
7. Oil and Non-oil are the two main sources of ….
—>> government revenue
public revenue
individual revenue
empolyee revenue
8. Nigerian income depends on ….imposed on individuals, businesses and corporate bodies
incidence of borrowing
incidence of economy
incidence of debt
—>> incidence of tax
9. Public sector project can be executed through the use of analysis
sector analysis
control analysis
—>> cost-benefit analysis
budget analysis
10. The primary instrument of monetary policy is ..
open money operation
—>> open market operation
order money operation
operating market order
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