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GOVERNMENT

JAMB 2010 - Question 37

Government 2010 JAMB Past Questions - Question 37: Parastatals are established to

Choose the most appropriate option for the gap .

Parastatals are established to

A: render social services

B: enhance entrepreneural skills

C: expand business transactions

D: maximize government profits

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Correct Answer

Explanation

Parastatalsare established to render social services. In Nigeria, some public Corporations are federal-owned whileothers-are state owned. Public corporations or enterprises are also called parastatals.