Worry no more because we have compiled the best UNILAG postgraduate past questions and answers PDF for all courses that will help you prepare for your postgraduate entrance examination otherwise known as a screening test or aptitude test.
How is Unilag Postgraduate Entrance Test Past Questions Patterned?
It is 100% multiple-choice format and We have made it very easy for you. we bring all the questions for many years and put them together but we indicate the specific years for all questions. We provide the correct answers in order to save your time. All you need to do is to devote quality time to study the Past Questions and watch yourself change the narrative by scoring better.
Why You Need A Copy of Past Questions
A good way to practice writing – If your revision notes are all in bullet points, then completing past papers is a good way to practice putting that information you have learned into paragraphs. Being able to communicate your knowledge clearly is just as important as knowing the knowledge itself.
Analyse – Once you’ve finished a paper, you can mark your own work using the marking scheme and then analyse your result.
Doing this, you can determine what areas of the subject you are confident in answering and where you might need to spend more time revising. This way you can keep on top of your revision and change your timetable accordingly.
Don’t be disheartened if after completing past papers you don’t do as well as you think you should. These are practice papers and a great learning exercise for the big day. Learn from what you do wrong and try again.
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Sample of Unilag Postgraduate Entrance Test Past Questions
UNIVERSITY OF LAGOS
M.Sc. FINANCE QUALIFYING EXAMINATION
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 produce
(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
8.The African Economic Community Treaty was signed in Abuja in 1991. The streams given for this move does not include
(a) To engender increased competition for promotion of efficiency
(b) To take advantage of economies of scale in production
(c) To take advantage of economies of scale in consumption
(d) To evolve a single currency for the region
9.The newly created Bank of Industry is a merger of
(a) The Peoples Bank of Nigeria , the Nigerian Industrial Development Bank and the Nigerian Bank for Commerce and Industry
(b) The Nigerian Industrial Developmental Bank The Nigerian Agricultural and Cooperative Bank and The Nigerian Bank for Commerce and Industry
(c) The Peoples Bank, The Nigerian Agricultural and Cooperative Bank and the Nigerian Bank for Commerce and Industry
(d) The Nigerian Industrial Development Bank, The Nigerian Bank for Commerce and Industry And the National Economic Reconstruction Fund
10.Two major fears of developing countries concerning globalization are
(a) that the cost of policy errors could be quite high and that government could lose autonomy over macroeconomic policy
(b) that there could be dumping of goods from developed countries and loss of tariff revenue and domination of domestic firms by foreigners
(c) that there could be loss of tariff revenue and domination of domestic firms by foreigners
(d) that infant industries would die and constant social unrest as a result of the demise of infant Industries will ensue
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7 Tips to Prepare for Unilag Postgraduate Entrance Test Exams
- Don’t make reading your hobby: A lot of people put reading as a hobby in their CV, they might be right because they have finished schooling. But “You” are still schooling, so reading should be in top priority and not as a hobby. Read far and wide to enhance your level of aptitude
- Get Exams Preparation Materials: These involve textbooks, dictionaries, Unilag Postgraduate Entrance Test Past Questions, mock questions, and others. These materials will enhance your mastering of the scope of the exams you are expecting.
- Attend Extramural Classes: Register and attend extramural classes at your location. This class will not only help you refresh your memory but will boast your classroom understanding and discoveries of new knowledge.
- Sleep when you feel like: When you are preparing for any exams, sleeping is very important because it helps in the consolidation of memory. Caution: Only sleep when you feel like it and don’t oversleep.
- Make sure you are healthy: Sickness can cause excessive feelings of tiredness and fatigue and will not allow you to concentrate on reading. If you are feeling as if you are not well, report to your parent, a nurse or a doctor. Make sure you are well. Pounds to Naira
- Eat when you feel like: During the exam preparation period, you are advised not to overeat, so as to avoid sleep. You need to eat little and light food whenever you feel like eating. Eat more of fruits, drink milk and glucose. This will help you to enhance retention.
- Reduce your time in social media: Some people live their entire life on Facebook, Twitter, WhatsApp, Messenger chat. This is so bad and catastrophic if you are preparing for exams. Try and reduce your time spent on social media during this time. Maybe after the exams, you can go back and sleep in it.
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