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WAEC Government 1994 Question 31

Question 31

Public Corporations

The major reason why government sets up Public Corporations is to

  1. A.make profit
  2. B.provide employment for defeated politicians
  3. C.provide utility services to the public at minimal costs
  4. D.reflect the federal character in siting industries
  5. E.help businessmen.
Show the answer and explanation

Answer: C (provide utility services to the public at minimal costs)

Explanation

Public corporations are set up mainly to provide essential services such as electricity, water and transport at affordable prices, not mainly for profit.