Post Utme Covenant University 2023 Economics Question 1

Practice objective / multiple choice question 1 from the 2023 Post Utme Covenant University Economics examination.

Post Utme Covenant University 2023 Economics Objective / Multiple Choice
Question 1 POST_UTME_COVENANT_UNIVERSITY • 2023 • ECONOMICS • objective

The agricultural sector in Nigeria contributes significantly to the country's GDP. However, the sector is plagued by low productivity and inefficiencies. Which of the following policies would most likely address these issues?

Answer Options

Correct Answer A. Investing in agricultural research and development
B. Providing subsidies to farmers
C. Implementing a value-added tax on agricultural products
D. Establishing a national agricultural bank
Correct Answer
A
Correct Option:
Investing in agricultural research and development

About This Question

This is Post Utme Covenant University 2023 Economics Question 1. It is one of the objective questions from the 2023 Post Utme Covenant University Economics examination.

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