Public Finance — JAMB Economics Past Questions

Public Finance is one topic inside the JAMB Economics syllabus, and drilling it on its own is usually faster than revising the whole subject again. Below: which JAMB years have examined it, then real Public Finance questions with worked answers.

When JAMB examined Public Finance

Public Finance questions appear in our bank for the JAMB years below. This is taken from the questions themselves, not from a syllabus outline — so if a year is listed, this topic was genuinely examined that year.

A topic that keeps reappearing is a topic JAMB keeps testing. Newer years matter most, because question style drifts.

Try Public Finance questions

Real Economics questions tagged to Public Finance. The first is worked through completely so you can see how our explanations read — the rest you can attempt now and check inside the app.

Economics · Public Finance Sample 1 of 3

Public debt is composed of

  • A A. money owned to local and foreign contractor
  • B B. internal debts and World Bank loans
  • C C. internal and external debts
  • D D. loans granted by IMF and ADB

Answer: C

Public debt includes internal and external borrowings, including loans from IMF and World Bank.

Economics · Public Finance Sample 2 of 3

A budget where current receipts are less than current expenditures is called?

  • A A. Balanced budget
  • B B. Deficit budget
  • C C. Surplus budget
  • D D. Unbalanced budget

Answer and full explanation are inside the app.

Check the answer
Economics · Public Finance Sample 3 of 3

Which of the following is NOT a source of government revenue?

  • A A. Taxes, licenses and fines
  • B B. Interest, dividends, profits and earnings
  • C C. Personal income, disposable income and transfer earnings
  • D D. Grants, aids and borrowing

Answer and full explanation are inside the app.

Check the answer

Drill Public Finance until it stops costing you marks

Filter Economics practice to Public Finance alone, work through it with worked explanations, and let the analytics show you when it has actually stuck. Free to start.

Public Finance in JAMB Economics: common questions

Are Public Finance questions free?

Yes. Create a free account and every Economics question tagged to Public Finance is available with a worked explanation. Past questions are not paywalled.

Is Public Finance really examined?

Yes. Public Finance appears in our bank across 7 JAMB years, taken from the questions themselves rather than a syllabus outline.

Can I practise Public Finance on its own?

Yes. JambUp lets you filter Economics questions to a single topic, so you can drill Public Finance until it stops costing you marks, then move on to the next weak area.