Question 416:

• WAEC 1991

Selection of breeding males based on the performance of their female relatives is known as

A. Sib-selection
B. Individual selection
C. Tandem-method
D. Progeny testing
E. Index selection

Question 417:

• WAEC 1991

A farmer uses his agricultural loans for the following except

A. Paying labour wages
B. Hiring machineries and tools
C. Purchasing drugs for livestock
D. Paying for seeds
E. Marketing his crops

Question 418:

• WAEC 1991

What is the effect of stability of market price on a produce? The

A. Profit of the producer would be constant if there is no increase in cost inputs
B. Profit of the retailer will be decreased
C. Wholesaler will earn more from his sales
D. Consumers will willingly buy more of the produce
E. Producer and wholesaler will benefit from the economic of large scale production

Question 419:

• WAEC 1991

From which of the following sources can agricultural credits be more easily obtained by peasant farmers?

A. Commercial banks
B. Wholesalers
C. Money lenders
D. Government agencies
E. Credit and thrift socities

Question 420:

• WAEC 1991

Net worth statement can be referred to as

A. Balance sheet
B. Farm record book
C. Profit and loss account
D. Farm trading account
E. Depreciation