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WAEC Agricultural Science 1996 Question 57

Question 57

Agricultural Finance

The increasing significance of agricultural finance include the following except

  1. A.farmers' inability to meet its expected production target
  2. B.farmers' ability to adjust to changing economic conditions
  3. C.increase in farm efficiency
  4. D.insuring crops against failure
  5. E.acquisition of large farm size.
Show the answer and explanation

Answer: D (insuring crops against failure)

Explanation

The key gives insuring crops against failure, which is the role of insurance rather than finance.