GCE Agricultural Science 1990 Question 57

Question 57

Agricultural Finance

Agricultural credits given to farmers in form of cash are used by the farmer to

  1. A.disseminate the latest technique in farming
  2. B.implement new policies
  3. C.investigate the cause of low agricultural production
  4. D.make the total cash value of his crops greater than his expenses
  5. E.pay for expenses in his farming business.
Show the answer and explanation

Answer: E (pay for expenses in his farming business.)

Explanation

Cash credit pays for inputs and other farm expenses.