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Agricultural policies can affect farmers' behavior and production decisions. This is known as:- a)Agricultural subsidies
- b)Agricultural extension
- c)Agricultural economics
- d)Agricultural incentives
Correct answer is option 'C'. Can you explain this answer?
Agricultural policies can affect farmers' behavior and production decisions. This is known as:
a)
Agricultural subsidies
b)
Agricultural extension
c)
Agricultural economics
d)
Agricultural incentives
|
Deepak Iyer answered |
Agricultural policies have a significant impact on farmers' decision-making processes and their behaviors. Agricultural economics studies the application of economic principles and policies to agriculture, including how policies influence farmers' choices.
Which of the following is an example of an income stabilization program?- a)Crop insurance
- b)Land reform
- c)Subsidized fertilizer distribution
- d)Agricultural research and development
Correct answer is option 'A'. Can you explain this answer?
Which of the following is an example of an income stabilization program?
a)
Crop insurance
b)
Land reform
c)
Subsidized fertilizer distribution
d)
Agricultural research and development
|
|
Deepak Iyer answered |
Crop insurance is a typical income stabilization program that provides financial protection to farmers against losses caused by natural disasters, pests, or other factors that can negatively impact crop yields and income. It helps stabilize farmers' incomes in the face of unforeseen events.
Which of the following is NOT an objective of agricultural policies?- a)Increase food production
- b)Ensure price stability
- c)Promote sustainable farming practices
- d)Encourage urbanization
Correct answer is option 'D'. Can you explain this answer?
Which of the following is NOT an objective of agricultural policies?
a)
Increase food production
b)
Ensure price stability
c)
Promote sustainable farming practices
d)
Encourage urbanization
|
|
Deepak Iyer answered |
Encourage urbanization. Agricultural policies primarily focus on enhancing food production, maintaining price stability, and promoting sustainable farming practices. Encouraging urbanization is not directly related to agricultural policies.
Which of the following is NOT a potential solution to instability in agricultural incomes?- a)Crop diversification
- b)Insurance programs
- c)Price support programs
- d)Privatization of agricultural land
Correct answer is option 'D'. Can you explain this answer?
Which of the following is NOT a potential solution to instability in agricultural incomes?
a)
Crop diversification
b)
Insurance programs
c)
Price support programs
d)
Privatization of agricultural land
|
|
Deepak Iyer answered |
While crop diversification, insurance programs, and price support programs are commonly used strategies to address instability in agricultural incomes, privatization of agricultural land is not directly related to income stability. It is a land ownership issue rather than an income stabilization measure.
The imposition of tariffs on imported agricultural products can have which of the following effects?- a)Increase domestic production
- b)Decrease domestic production
- c)Stabilize agricultural incomes
- d)Promote international trade
Correct answer is option 'A'. Can you explain this answer?
The imposition of tariffs on imported agricultural products can have which of the following effects?
a)
Increase domestic production
b)
Decrease domestic production
c)
Stabilize agricultural incomes
d)
Promote international trade
|
|
Deepak Iyer answered |
Imposing tariffs on imported agricultural products creates a price advantage for domestic producers, making their products relatively cheaper. This incentivizes domestic production and can lead to an increase in agricultural output.
Which of the following is NOT a type of agriculture practiced in Nigeria?- a)Subsistence agriculture
- b)Commercial agriculture
- c)Nomadic agriculture
- d)Industrial agriculture
Correct answer is option 'C'. Can you explain this answer?
Which of the following is NOT a type of agriculture practiced in Nigeria?
a)
Subsistence agriculture
b)
Commercial agriculture
c)
Nomadic agriculture
d)
Industrial agriculture
|
|
Deepak Iyer answered |
Nomadic agriculture refers to a form of agriculture where people move from place to place with their livestock. While subsistence agriculture, commercial agriculture, and industrial agriculture are practiced in Nigeria, nomadic agriculture is not commonly practiced in the country.
What is the significance of agriculture in poverty reduction in Nigeria?- a)It has no impact on poverty reduction.
- b)It contributes to job creation and income generation for the rural population.
- c)It increases dependency on imported food products.
- d)It leads to a decline in the overall economic growth rat
Correct answer is option 'B'. Can you explain this answer?
What is the significance of agriculture in poverty reduction in Nigeria?
a)
It has no impact on poverty reduction.
b)
It contributes to job creation and income generation for the rural population.
c)
It increases dependency on imported food products.
d)
It leads to a decline in the overall economic growth rat
|
|
Deepak Iyer answered |
It contributes to job creation and income generation for the rural population. Agriculture plays a significant role in poverty reduction in Nigeria by creating employment opportunities and generating income for the rural population. Many people in rural areas are engaged in agriculture as farmers, laborers, or workers along the agricultural value chain. By providing jobs and income, agriculture helps improve living standards, reduce poverty levels, and stimulate economic development in rural communities.
The Green Revolution was an example of a(n):- a)Agricultural policy
- b)Technological innovation
- c)Marketing strategy
- d)Environmental movement
Correct answer is option 'B'. Can you explain this answer?
The Green Revolution was an example of a(n):
a)
Agricultural policy
b)
Technological innovation
c)
Marketing strategy
d)
Environmental movement
|
|
Deepak Iyer answered |
The Green Revolution refers to a period of significant advancements in agricultural technologies, including the development of high-yielding crop varieties, increased use of fertilizers and pesticides, and improved farming techniques. It was a technological innovation aimed at boosting agricultural productivity and addressing global food shortages.
Which sector of the economy relies heavily on agricultural inputs for its operations?- a)Manufacturing
- b)Information technology
- c)Tourism
- d)Financial services
Correct answer is option 'A'. Can you explain this answer?
Which sector of the economy relies heavily on agricultural inputs for its operations?
a)
Manufacturing
b)
Information technology
c)
Tourism
d)
Financial services
|
|
Deepak Iyer answered |
The manufacturing sector relies heavily on agricultural inputs for its operations. Agricultural raw materials, such as crops, livestock, and forestry products, are used as inputs in various manufacturing processes. Industries such as food processing, textiles, pharmaceuticals, and many others depend on agricultural inputs to produce finished goods.
Instability in agricultural incomes can be caused by:- a)Fluctuations in market prices
- b)Changes in government policies
- c)Natural disasters
- d)All of the above
Correct answer is option 'D'. Can you explain this answer?
Instability in agricultural incomes can be caused by:
a)
Fluctuations in market prices
b)
Changes in government policies
c)
Natural disasters
d)
All of the above
|
|
Deepak Iyer answered |
Instability in agricultural incomes can result from various factors, including fluctuations in market prices, changes in government policies (such as trade policies or subsidy programs), and the occurrence of natural disasters or extreme weather events that can adversely affect agricultural production.
What is the major contribution of agriculture to Nigeria's GDP?- a)Negligible
- b)Less than 5%
- c)Approximately 20%
- d)More than 50%
Correct answer is option 'C'. Can you explain this answer?
What is the major contribution of agriculture to Nigeria's GDP?
a)
Negligible
b)
Less than 5%
c)
Approximately 20%
d)
More than 50%
|
|
Deepak Iyer answered |
Agriculture contributes significantly to Nigeria's Gross Domestic Product (GDP), accounting for approximately 20% of the country's GDP. This highlights the economic importance of the agricultural sector in Nigeria's overall economy.
Which of the following is an example of a supply management policy?- a)Price support programs
- b)Export subsidies
- c)Agricultural credit programs
- d)Research and development grants
Correct answer is option 'A'. Can you explain this answer?
Which of the following is an example of a supply management policy?
a)
Price support programs
b)
Export subsidies
c)
Agricultural credit programs
d)
Research and development grants
|
|
Deepak Iyer answered |
Supply management policies, such as price support programs, aim to regulate the production and supply of agricultural commodities. These policies often involve setting minimum price levels or offering financial incentives to farmers to stabilize production and protect their incomes.
Which agricultural practice involves the use of advanced technology, machinery, and large-scale production for commercial purposes?- a)Subsistence agriculture
- b)Commercial agriculture
- c)Nomadic agriculture
- d)Traditional agriculture
Correct answer is option 'B'. Can you explain this answer?
Which agricultural practice involves the use of advanced technology, machinery, and large-scale production for commercial purposes?
a)
Subsistence agriculture
b)
Commercial agriculture
c)
Nomadic agriculture
d)
Traditional agriculture
|
|
Deepak Iyer answered |
Commercial agriculture. Commercial agriculture involves the use of advanced technology, machinery, and large-scale production for commercial purposes. The primary objective of commercial agriculture is to generate profits by producing agricultural commodities for sale in the market. It often utilizes modern farming techniques, mechanization, and economies of scale to achieve higher productivity and profitability.
Which of the following is a potential solution to the problems of agriculture in Nigeria?- a)Implementing land reforms and providing secure land tenure
- b)Reducing investment in agricultural research and development
- c)Increasing reliance on imported agricultural products
- d)Decreasing government support for the agricultural sector
Correct answer is option 'A'. Can you explain this answer?
Which of the following is a potential solution to the problems of agriculture in Nigeria?
a)
Implementing land reforms and providing secure land tenure
b)
Reducing investment in agricultural research and development
c)
Increasing reliance on imported agricultural products
d)
Decreasing government support for the agricultural sector
|
|
Deepak Iyer answered |
Implementing land reforms and providing secure land tenure. Implementing land reforms and providing secure land tenure are potential solutions to the problems faced by agriculture in Nigeria. Secure land tenure ensures that farmers have legal rights and protection over the land they cultivate, enabling them to make long-term investments in their farms. Land reforms can help address issues related to land ownership, land fragmentation, and land disputes, creating a more favorable environment for agricultural development.
The role of agriculture in economic development includes:- a)Providing a source of income for farmers only
- b)Increasing foreign exchange earnings through agricultural exports
- c)Reducing unemployment in urban areas
- d)Promoting industrialization and technological advancements
Correct answer is option 'B'. Can you explain this answer?
The role of agriculture in economic development includes:
a)
Providing a source of income for farmers only
b)
Increasing foreign exchange earnings through agricultural exports
c)
Reducing unemployment in urban areas
d)
Promoting industrialization and technological advancements
|
|
Deepak Iyer answered |
Increasing foreign exchange earnings through agricultural exports. Agriculture plays a crucial role in Nigeria's economic development by increasing foreign exchange earnings through the export of agricultural products. This contributes to the country's balance of trade and foreign reserves. Additionally, agriculture creates employment opportunities not only for farmers but also for various stages of the agricultural value chain, reducing unemployment. Furthermore, agricultural development can lead to industrialization and technological advancements as it provides inputs and raw materials for agro-processing industries and stimulates innovation in the sector.
The effect of instability in agricultural incomes on farmers is:- a)Increased risk and uncertainty
- b)Higher profits
- c)Improved access to credit
- d)Enhanced competitiveness
Correct answer is option 'A'. Can you explain this answer?
The effect of instability in agricultural incomes on farmers is:
a)
Increased risk and uncertainty
b)
Higher profits
c)
Improved access to credit
d)
Enhanced competitiveness
|
|
Deepak Iyer answered |
Instability in agricultural incomes introduces higher levels of risk and uncertainty for farmers. Unpredictable fluctuations in prices or incomes can make it challenging for farmers to plan and make long-term investments in their farming operations.
Which of the following features is characteristic of subsistence agriculture in Nigeria?- a)Large-scale production for export
- b)Use of modern farming techniques and machinery
- c)Small-scale production for self-consumption
- d)Extensive use of agrochemicals
Correct answer is option 'C'. Can you explain this answer?
Which of the following features is characteristic of subsistence agriculture in Nigeria?
a)
Large-scale production for export
b)
Use of modern farming techniques and machinery
c)
Small-scale production for self-consumption
d)
Extensive use of agrochemicals
|
|
Deepak Iyer answered |
Small-scale production for self-consumption. Subsistence agriculture in Nigeria involves small-scale production primarily for self-consumption, meeting the basic needs of the farmer and their family. It is characterized by farmers producing enough food to feed themselves and their immediate community, rather than for large-scale commercial purposes. Unlike commercial agriculture, subsistence agriculture does not focus on exporting or generating significant profits.
What is the primary objective of price support programs?- a)Stabilize agricultural incomes
- b)Increase food production
- c)Encourage foreign investment
- d)Reduce government expenditure
Correct answer is option 'A'. Can you explain this answer?
What is the primary objective of price support programs?
a)
Stabilize agricultural incomes
b)
Increase food production
c)
Encourage foreign investment
d)
Reduce government expenditure
|
|
Deepak Iyer answered |
Price support programs aim to stabilize the incomes of farmers by ensuring they receive a minimum price for their agricultural products. This helps protect farmers from market fluctuations and income volatility.
Which agricultural practice focuses on the cultivation of crops and rearing of animals on a small scale for personal consumption?- a)Commercial agriculture
- b)Subsistence agriculture
- c)Industrial agriculture
- d)Nomadic agriculture
Correct answer is option 'B'. Can you explain this answer?
Which agricultural practice focuses on the cultivation of crops and rearing of animals on a small scale for personal consumption?
a)
Commercial agriculture
b)
Subsistence agriculture
c)
Industrial agriculture
d)
Nomadic agriculture
|
|
Deepak Iyer answered |
Subsistence agriculture. Subsistence agriculture focuses on cultivating crops and rearing animals on a small scale primarily for personal consumption. It is characterized by farmers producing enough food to meet the basic needs of their household and local community. The primary objective is self-sufficiency rather than commercial production for profit.
Which of the following is a problem commonly faced by Nigerian farmers in agriculture?- a)Lack of access to credit and finance
- b)Excessive rainfall leading to crop failure
- c)High demand for agricultural products in the domestic market
- d)Availability of modern farming equipment and machinery
Correct answer is option 'A'. Can you explain this answer?
Which of the following is a problem commonly faced by Nigerian farmers in agriculture?
a)
Lack of access to credit and finance
b)
Excessive rainfall leading to crop failure
c)
High demand for agricultural products in the domestic market
d)
Availability of modern farming equipment and machinery
|
|
Deepak Iyer answered |
Lack of access to credit and finance. Nigerian farmers commonly face challenges in accessing credit and finance for their agricultural activities. This hinders their ability to invest in agricultural inputs, equipment, and modern farming techniques. Limited access to finance constrains farmers' productivity and limits their potential for expansion and growth.
Chapter doubts & questions for Agriculture in Nigeria - Economics for JAMB 2025 is part of JAMB exam preparation. The chapters have been prepared according to the JAMB exam syllabus. The Chapter doubts & questions, notes, tests & MCQs are made for JAMB 2025 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests here.
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