Question Detail

GST 112 GST 112 Test Compilations 16 Objective Question

Question

Federal control of crude oil production has deprived host communities of ____
Options
A Judicious spending of the oil wealth
B Abled man power for economic development
C The fiscal revenue accruing from oil production
Correct Answer
D Land and water for production of goods and services
Correct Answer

Option C is the correct answer.

Detailed Explanation

The centralization of crude oil control often means that the direct revenues generated from oil production in specific host communities do not directly benefit those communities, leading to deprivation.

Hint

Consider the direct financial benefit that should logically go to the areas where resources are extracted.

Question Info