Post Utme Madonna University 2020 Economics Question 9

Practice objective / multiple choice question 9 from the 2020 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2020 Economics Objective / Multiple Choice
Question 9 POST_UTME_MADONNA_UNIVERSITY • 2020 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by several factors, including lack of access to credit and limited market information. Which of the following policies would be most effective in addres\sing these issues?

Answer Options

A. Providing subsidies to farmers to reduce production \costs.
Correct Answer B. Establishing a national agricultural bank to provide credit to farmers.
C. Creating a national agricultural marketing board to provide market information to farmers.
D. Implementing a policy of price controls to stabilize agricultural prices.
Correct Answer
B
Correct Option:
Establishing a national agricultural bank to provide credit to farmers.

About This Question

This is Post Utme Madonna University 2020 Economics Question 9. It is one of the objective questions from the 2020 Post Utme Madonna University Economics examination.

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