Post Utme Mountain Top University 2021 Economics Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 7 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

Agricultural development in Nigeria is hindered by the lack of access to credit facilities by farmers. Which of the following policies would be most effective in addres\sing this issue?

Answer Options

A. Providing subsidies to farmers
Correct Answer B. Establishing a credit guarantee scheme
C. Implementing a price support scheme
D. Providing training to farmers
Correct Answer
B
Correct Option:
Establishing a credit guarantee scheme

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 7. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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