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Which of the following constitutes subsidy in agricultural enterprise?

Agricultural Science
JAMB 2021

Which of the following constitutes subsidy in agricultural enterprise?

  • A. supply of fertilizers to farmers at reduced price
  • B. borrowing of money from a thrift society
  • C. provision of money to farmers through commercial banks
  • D. provision of services through cooperative societies
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Correct Answer: Option A
Explanation

Supply of fertilizers to farmers at reduced price constitutes subsidy.

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