passwella.
Menu

WAEC Government 1998 Question 29

Question 29

Public Corporations

One of the reasons for the establishment of a public corporation is to

  1. A.undertake projects that require huge sums of money
  2. B.make profit for the government
  3. C.provide funds for the maintenance of political associations
  4. D.compete with local governments in the provision of social services
  5. E.serve as agents of multi-national companies.
Show the answer and explanation

Answer: A (undertake projects that require huge sums of money)

Explanation

Government sets up corporations for essential projects needing capital too large for private investors (e.g. power, railways).