DPR - Past Questions & Answers FREE!!

DPR - Past Questions & Answers FREE!!

We decided to give you questions and answers free. Its completely free.

Its so painful when people will have to charge un-employed youths money again for what they themselves got fee. this is why we have decided to make it all free

PART 1 ANSWER ALL QUESTIONS   TIME 25 MINUTES 

1. WHICH OF THE FOLLOWING IS LEAST AFFECTED BY THE BUSINESS CYCLE?

A. AUTOMOBILE MANUFACTURE B. FOOD PROCESSING C. OIL AND GAS INDUSTRY D. SHIP BUILDING E. IRON AND STEEL INDUSTRY 

2. GROSS NATIONAL PRODUCT IS DEFINED AS:

A. TOTAL GOODS PRODUCED B. TOTAL GOODS AND SERVICES PRODUCED C. TOTAL GOODS AND SERVICES PRODUCED LESS TAXES D. NET NATIONAL PRODUCT LESS DIVIDENDS E. NET NATIONAL PRODUCT LESS INVESTMENTS 

3. DURING DEFLATIONARY TIMES NIGERIAN NAIRA BUYS, 

A. MORE B. LESS C. AN AMOUNT OF GOODS LESS TO THAT OF THE PREVIOUS YEAR D. MORE GOODS BUT FEWER SERVICES E. FEWER GOODS BUT MORE SERVICES 

4. INSURANCE IS USED FOR ALL THE FOLLOWING EXCEPT 

A. PROTECTION AGAINST LOSS B. SAVINGS C. PROTECT THE FAMILY IN CASE OF DEATH OF THE BREADWINNER D. INCOME TAX REDUCTION E. AN ASSET THAT CAN BE PLEDGE FOR A LOAN 

5. FOR MANAGEMENT THE FOLLOWING ARE OBJECTIVES OF WAGE INCENTIVES 

(i) LOWER UNIT COSTS (ii) IMPROVED COST CONTROL AND (iii) INCREASED WORKER MORALE A. (i) ONLY B. (ii) ONLY C. (i) AND (ii) D. (i) AND (iii) E. (i), (ii) AND (iii) 

6. WHICH OF THE FOLLOWING THEORIES OF BUSINESS CYCLE WAS ACCEPTED BY KARL MARX 

A. THE OVER INVESTMENT THEORY B. THE UNDER INVESTMENT THEORY C. THE THEORY BASED ON OVER PRODUCTION D. THE THEORY BASED ON VARIATION IN THE AMOUNT IN CIRCULATION E. NONE OF THE ABOVE   

 

7. THE ORGANISATION OF PETROLEUM EXPORTING CONTRIES (OPEC) IS AN EXAMPLE OF 

A. OLIGOPOLY MARKET B. DUOPOLY MARKET C. MONOPOLY MARKET D. PERFECTLY COMPETITIVE MARKET E. NONE OF THE ABOVE 

8. IN THE SHORT TERM, WHICH OF THE FOLLOWING SITUATION WOULD THE COMPETETIVE SELLER CLOSE DOWN? 

A. WHEN HE CANNOT PRODUCE AT AN ECONOMIC PROFIT B.WHEN PRICE FALLS SHORT OF AVERAGE VARIABLE COST AT EVERY LEVEL OF OUTPUT C. WHEN PRICE FALLS SHORT OF AVERAGE FIXED COST AT EVERY LEVEL OF OUTPUT D. WHEN PRICE FALLS SHORT OF AVERAGE TOTAL COST AT EVERY LEVEL OF OUTPUT E. WHEN THERE  IS NO POINT WHERE MARGINAL COSTS AND MARGINAL RESERVES ARE EQUAL 

9. IF15 V 5 = 20         15^5  = 3 SOLVE (48^6) /(6V2) A. 18 B. 131/2 C. 62/3 D. 22/3 E. 1 

10. THE FIRST EXECUTIVE PRESIDENT OF NIGERIA WAS 

A. NNAMDI AZIKIWE B. ALHAJI SHEHU SHAGARI C. ALHAJI ABUBAKAR TAFAWA BALEWA D. CHIEF OLUSEGUN OBASANJO E. GENERAL IBRAHIM BABANGIDA 

11. THE CHIEF COACH/TECHNICAL ADVISER OF THE NIGERIA FOOTBALL TEAM TO JAPAN/KOREA FOOTBALL WORLD CUP COMPETETION IN 2002 WAS 

A. CLEMENT WESTERHOFF B. FESTUS ONIGBINDE C. CHRISTIAN CHUKWU D. JO BONIFRERE E. AUSTIN EJIDE  

Click Here For More