Post Utme Uniben 2019 Economics Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Uniben Economics examination.

Post Utme Uniben 2019 Economics Objective / Multiple Choice
Question 32 POST_UTME_UNIBEN • 2019 • ECONOMICS • objective

Agricultural development in Nigeria has been hindered by the lack of access to credit facilities for farmers. Which of the following is a potential solution to this problem?

Answer Options

A. Establishing a central bank to regulate the agricultural sector.
B. Providing subsidies to farmers to reduce their production \costs.
Correct Answer C. Establishing a microfinance institution to provide credit facilities to farmers.
D. Implementing a policy of price control to stabilize agricultural prices.
Correct Answer
C
Correct Option:
Establishing a microfinance institution to provide credit facilities to farmers.

About This Question

This is Post Utme Uniben 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Uniben Economics examination.

View More Post Utme Uniben 2019 Economics Questions More Post Utme Uniben Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support