Past Questions for Unilag MBA. This past questions and Answers is available in this post. You can download previous years past questions paper and answers. The purpose of the examination is to accept excellent and qualified candidate for MBA, to promote mutual understanding with foreign countries and to form human networks, to strengthen the educational and research abilities.
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Sample of Past Questions for Unilag MBA
UNIVERSITY OF LAGOS
M.Sc. FINANCE QUALIFYING EXAMINATION
ECONOMICS
1.The debt rescheduling between Nigeria and the Paris Club of Creditors has been criticized by the Nigeria Accounts (ICAN) on the basis that the interest by the creditors on the rescheduled loan is too high.
(a) 5.5% (b) 8.7% (c) 10.5% (d) 12.2%
2.The cumulative debt service payment of Nigeria as at October 2003 has put by the Debt Management Office at some
(a) S20.08bn (b) S33.29bn (c) S21.91bn (d) S10.84bn
3.The most important argument against the deregulation of Nigerian downstream oil sector is that
(a) It will lead to higher prices of petroleum products.
(b) It will lead to higher prices of all products in the Nigerian economy
(c) It will lead to the emergence of Petroleum prices that are not competitive with prices in other countries
(d) Given the average wage rate in Nigeria the rise in prices of all products in Nigeria as a result of deregulation of the oil sector will lead to lower standard of living
4.Which of the following is not an advantage globalization from the standpoint of a developing economy
(a) Lower cost of capital as a result of increased competition
(b) Better corporate governance culture
(c) Drain of skilled manpower from poorly paid environment to better paid environment
(d) Better fiscal discipline
5.The monopolist is a producer
(a) That fixes the price and quantity of his product the way he likes
(b) that can fix the price of his product but then cannot cannot fix his quantity
(c) That can fix the quantity of his product and manipulate the market to settle at a high price
(d) Better fiscal discipline
6.The supposed advantage of a floating exchange rate system the kind that Nigeria is using is that
(a) It allows exchange rate to be determined by the forces of demand and supply, given that exchange rate is a price.
(b) It allows an economy to be insulated from shocks and other macroeconomic phenomena in other countries
(c) It allows a given country to enjoy autonomy in its design and pursuit of monetary and fiscal policies
(d) All of the above
7.For any economic there is a macroeconomic policy trilemma that must be resolved. Which of the following statements does not express the trilemma.
(a) Once the country allows free capital mobility across its borders, and allows free or floating exchange rate system then it automatically loses autonomy over its monetary and fiscal policies
(b) Once a country decides to retain autonomy over its monetary and fiscal policies and also allows free capital mobility across its borders must be controlled
(c) Once a country opts for a freely floating exchange rate system and free capital mobility, it then has to sit firmly in control of its monetary and fiscal policies
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7 Tips to Prepare for Exams
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