Post Utme Abu 2020 Economics Question 6

Practice objective / multiple choice question 6 from the 2020 Post Utme Abu Economics examination.

Post Utme Abu 2020 Economics Objective / Multiple Choice
Question 6 POST_UTME_ABU • 2020 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by the lack of access to credit facilities for farmers. Which of the following policies would most likely address this issue?

Answer Options

A. Government subsidies for fertilizers and seeds
Correct Answer B. Establishment of a national agricultural bank
C. Implementation of a cash crop export policy
D. Introduction of a crop insurance scheme
Correct Answer
B
Correct Option:
Establishment of a national agricultural bank

About This Question

This is Post Utme Abu 2020 Economics Question 6. It is one of the objective questions from the 2020 Post Utme Abu Economics examination.

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